Salt Lake City, Utah, March 6, 2025 — Ipe Woods USA, a premier supplier of sustainably sourced Ipe hardwood decking, is closely monitoring recent developments in U.S. trade policy that could significantly impact the importation of Brazilian hardwoods. President Donald Trump has threatened to impose a 100% tariff on imports from Brazil and other BRICS nations if they pursue creating a new currency to replace the U.S. dollar as the global reserve currency. (source)
Brazil, as a leading member of the BRICS bloc-which includes Russia, India, China, South Africa, and recently expanded to incorporate Egypt, Iran, Ethiopia, and the United Arab Emirates-has been exploring alternatives to reduce dependence on the U.S. dollar in international trade. This initiative has prompted strong reactions from the U.S. administration, with President Trump stating, “We require a commitment from these countries that they will neither create a new BRICS currency nor back any other currency to replace the mighty U.S. dollar, or they will face 100% tariffs.”
The imposition of such tariffs could have profound implications for industries reliant on Brazilian imports, particularly the hardwood sector. Ipe Woods USA sources a significant portion of its Ipe hardwood from Brazil, renowned for its durability and quality in decking applications. A 100% tariff would effectively double the cost of imported Brazilian hardwood, making it significantly more expensive for builders, contractors, and homeowners. This sharp increase in pricing could stifle the decking and construction industries, reducing accessibility to high-quality materials and forcing businesses to seek alternatives.
Adding to these concerns, the recent CITES (Convention on International Trade in Endangered Species) listing of Ipe has caused severe bottlenecks in Brazilian exports. With heightened restrictions and additional documentation requirements, containers of Ipe wood are piling up in Brazil, creating logistical nightmares and import delays into the United States. These regulatory hurdles have further constrained supply chains, exacerbating price volatility and uncertainty in the market. For more details on the CITES listing and its impact on timber trade, visit the U.S. Fish and Wildlife Service’s page on timber regulations.
“The potential for a 100% tariff on Brazilian hardwoods is a serious concern for our industry,” said Steven Rossi, President of Ipe Woods USA. “Combined with the ongoing CITES-related importation issues, we are seeing a perfect storm of trade barriers that could severely disrupt availability and affordability for U.S. consumers.”
Ipe Woods USA remains committed to providing premium hardwood products to its customers and is actively seeking solutions to mitigate potential disruptions. The company urges policymakers to consider the broader economic impacts of such trade policies and to engage in constructive dialogue to avoid unintended consequences for American businesses and consumers.
For more information about Ipe Woods USA and its range of products, visit Ipe Woods USA.
About Ipe Woods USA:
Ipe Woods USA is a leading provider of sustainably sourced Ipe wood products, specializing in decking, siding, and other outdoor applications. With a focus on quality and environmental responsibility, Ipe Woods USA serves contractors, architects, and homeowners across the United States.
Media Contact:
John Smith
Director of Public Relations
Ipe Woods USA
844-674-4455
869 E 4500 S #212, Salt Lake City, UT 84107
Originally Posted On: https://syndication.cloud/ipe-woods-usa-expresses-concern-over-potential-tariffs-and-regulatory-barriers-impacting-brazilian-hardwood-imports/
