Hardwood Plywood Manufacturers Petition For Import Duties On 3 Countries

On May 22, the Coalition for Fair Trade in Hardwood Plywood petitioned for antidumping and countervailing duties to counter unfair trade practices by Indonesia, Vietnam, and China. These petitions, filed with the U.S. Department of Commerce and the International Trade Commission, have significant implications for the U.S. economy, in which hardwood plywood plays a critical role. The petitions stated that hardwood and decorative plywood manufacturers in Indonesia, Vietnam, and China are also dumping their products into the U.S. at discounted prices, with margins of up to 133.7% for Vietnam, 202.8% for Indonesia, and 474.2% for China.

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