breaking news

U.S. Customs: Chinese Plywood Illegally Transshipped Through Vietnam

In response to an allegation filed by Apec International, U.S. Customs has issued a notice of final determination with respect to evasion. Customs concluded that substantial evidence demonstrates that U.S. importer Concannon brought in Chinese-origin plywood that was transshipped through Vietnam without the lawful payment of duties.

 

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Commerce Confirms Chinese Circumvention On Hardwood Plywood

The U.S. Department of Commerce announced its affirmative final antidumping and countervailing duty circumvention rulings involving exports of hardwood plywood from China, finding that hardwood and decorative plywood with face or back veneers of radiata or agathis pine circumvent existing orders. U.S. Customs and Border Protection will continue to collect the antidumping and countervailing duties on Chinese hardwood plywood.

 

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Vietnam Suspends Re-Exports Of U.S. Plywood To Preempt Tariffs

Senior U.S. Customs officials have confirmed that Vietnam Customs has a "watch list" of Chinese products that are likely being circumvented through Vietnam and that plywood is on this list. Negotiations of a U.S.-Vietnam mutual assistance agreement are ongoing.

 

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Dumping Rates Increased Significantly on Chinese Multi-layered Wood Flooring

The antidumping rates for Chinese engineered wood flooring imports have increased significantly for nearly all Chinese producers, who were previously paying zero antidumping duties. Now, as a result of the Commerce Department's final determinations, the antidumping duty margins have increased to 85.13% as a countrywide rate for 46 companies and a separate rate of 42.57% for 59 specific companies. These rates were announced by the Commerce Department this week.

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New Study Quantifies The Hardwood Industry's Contribution To The U.S. Economy

A new study shows that the U.S. hardwood forest products industry employs over 1.8 million people and contributes $348 billion to the U.S. economy. The study provides detailed economic impact data - including jobs created - by hardwood plywood and veneer mills, sawmills, flooring companies, kitchen cabinet manufacturers, and more. 
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