NEWS

Decorative Hardwoods Association (formerly HPVA) eNews Volume XIV, Issue III: Canada Announces Final Duties On Chinese Decorative Plywood | USITC Issues Final Determination On Chinese Wood Mouldings | Timber Mafia Runs Amok In Bhutan | Save The Date: DHA 100th Anniversary Meeting & Celebration May 23-25 |

The U.S. International Trade Commission, in a unanimous final affirmative determination on the antidumping and countervailing duty investigation into wood moulding and millwork products, found that U.S. producers were materially injured by unfairly traded imports from China. USITC will impose antidumping duties of 45.49% to 230.36% and countervailing duties of 20.56% to 252.29%.

Resources:

The Canada Border Services Agency published its final determination on Chinese decorative plywood imports, increasing the antidumping and countervailing duty margins to 309%. In October, CBSA established preliminary combined margins of up to 203% on decorative plywood from China to combat dumping and subsidies.

Resource:

Decorative Hardwoods Association (formerly HPVA) eNews Volume XIV, Issue II: Vietnam Vows To Strengthen Timber Laws To Avoid U.S. Tariffs | USTR Issues Final Vietnam Currency Determination | Cabinet Importer Investigated For Customs Evasion | Commerce Drops Review Of Chinese Furniture Producer

Photo © DUYBOX, 123RF.com

To avoid the threat of punitive U.S. tariffs - due to allegations that Vietnam is importing illegal timber - Vietnam has promised to strengthen regulations and to buy more American lumber. The U.S. is the largest market for Vietnamese wood products, worth an estimated $6.5 billion in 2020.

Resource: