In our company’s 24-year history operating across China and Southeast Asia, we - along with the rest of the world - have weathered a fair share of macroeconomic challenges—SARS in 2003, the global financial crisis in 2008, and COVID in 2020, to name a few. But the pace of change today feels unprecedented. In fact, this message has been rewritten several times just to keep pace with rapidly evolving trade developments going on these days.
Just three months ago, at the Munich BAU exhibition, conversations centered on the EU’s anti-dumping taxes and their ripple effects across the wood flooring industry in both Asia and Europe. Now, as those issues continue to move through boardrooms in Europe, flooring businesses in the U.S. are contending with a new wave of fluctuating tariffs rolled out under the Trump administration.
There is never a dull moment in international trade. Amid these shifting dynamics, our clients are increasingly relying on IFL not just as a quality control company, but as a strategic partner in navigating uncertainty. In particular, our factory audits, pre-shipment inspections, and laboratory testing services are proving crucial in managing supply chain realignments and ensuring compliance.
We remain fully committed to strengthening our capabilities. Our laboratory is already ISO 17025 certified, and we are on track to achieve ISO 17020 certification for our inspection services by September. Meanwhile, our compliance team has completed in-depth training on the latest EUDR requirements, ensuring a seamless transition from EUTR to EUDR compliance for our clients.
Looking ahead to the upcoming DOMOTEX Asia exhibition, I’m optimistic. There is much to discuss, many ideas to crystallize, and countless ways we can continue supporting our clients through change.
On behalf of the entire IFL team, I extend my heartfelt thanks to our employees, clients, and partners around the world for your continued trust and collaboration.
Thank you.
