Department Of Commerce Investigates Hardwood Plywood Trade
On June 12, the U.S. Department of Commerce initiated antidumping and countervailing duty investigations into hardwood and decorative plywood imported to the U.S. from China, Indonesia, and Vietnam. Importantly, Commerce rejected importers' request to extend the deadline and poll the industry to determine whether the Coalition for Fair Trade in Hardwood Plywood had standing to bring the case.
Commerce initiated the investigations based on alleged antidumping duty margins of 504% for China, 85% for Indonesia, and 138–152% for Vietnam. Commerce also began investigations into nearly all subsidy programs named in the Coalition's petition, a total of 33 subsidy programs in China, 12 in Indonesia, and 26 in Vietnam.
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