The U.S. government has blocked timber imports from Peru by Inversiones WCA “based on illegally harvested timber found in its supply chain”. That’s the second instance of such a ruling under U.S.-Peru trade rules. WCA accounted for $26.4 million of exports globally since Jan. 2012, though just $2.8 million headed to the U.S. There may be a knock-on with both reputational and customs oversight issues for all Peruvian exports, though the U.S. represented just 9.3% of exports in the 12 months to Jun. 30 from 14.9% in calendar 2019. China remained the largest buyer at 42.7%. U.S. importer...