US orders of Brazilian wood products are apparently already beginning to be cancelled due to the new US import tariffs, according to the International Tropical Timber Organisation’s (ITTO) latest market bulletin. ITTO’s bulletin reports that Brazilian forest product companies in the South, Southeast and Amazon regions were facing operational shutdowns and growing uncertainty regarding exports. The US market is viewed as important for Brazilian wood product manufacturers, especially for flooring, panels and mouldings. Companies are reportedly saying that 50% US tariffs cannot be absorbed. Brazilian timber industry organisations have warned that the US volumes can’t be replaced by other markets and are urging the Brazilian Government to intervene. They want to see similar arrangements established as for its competitors in Indonesia, Chile and Vietnam. Brazil’s wood products are subject to an additional 40% tariff from the US.