Commerce Finds AD/CVD Rates On Chinese Mouldings

The U.S. Department of Commerce announced final affirmative determinations on wood mouldings and millwork imported from China. The resulting antidumping duties are 33.87% and the countervailing duty (subsidy) rate is 20.56%. The USITC will make a final determination on injury to the U.S. industry before these rates become effective.

 

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Canada Launches Investigation Into Upholstered Seating From China & Vietnam

In response to complaints from Canadian furniture companies, the Canadian Border Services Agency announced that it has launched an investigation to determine if upholstered furniture from China and Vietnam is being sold at unfair prices in Canada. A decision on the investigation is scheduled to occur by February 19.

 

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Europe Flooded With Illegal Wood From Billion-Dollar Russian Scheme

More than 100,000 tons of illegal lumber has entered the European market, all linked to the Russian timber giant BM Group. The company is led by Russian tycoon Alexander Pudovkin, who now faces criminal charges of bribery and corruption. PEFC, a major timber accreditation body, has been criticized for "greenwashing" BM Group's exports.

 

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Vietnam Denies High-Risk Illegal Wood Trade

The Vietnamese wood products industry and its U.S. importers have denied the U.S. Trade Representative's allegations of unfair trade. Instead, they cite Vietnam's recent progress in combatting illegal logging, claiming that certification standards are adequate safeguards and that if there is illegal wood, it's in the domestic market and not for export. Vietnam and U.S.

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DHA eNews - Vietnam's Wood Sector Confident They'll Hit 2020 Export Target

Decorative Hardwoods Association (formerly HPVA) eNews Volume XIII, Issue XXIV: Vietnam's Wood Sector Confident They'll Hit 2020 Export Target | Trade Crisis Looms Between Australia & China - In Forests & Sea | Canada Mounts WTO Challenge To Lower U.S. Duties On Softwood Lumber | Ukraine's Ban On Wood Exports Ruled Illegal | U.S. Read More