NEWS

China's Customs Tariff Commission of the State Council declared that tariffs have been reduced on certain products imported into China beginning January 1. More than 100 types of forest products are included. This action demonstrates the importance of the wood industry to China.

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Gina Raimondo, President Biden's nominee for Secretary of Commerce, stated that the U.S. must take "aggressive" action to counter China's "unfair" trade practices, while also working to bring manufacturing jobs back to the U.S. The new administration will review policies carried over from former President Trump.

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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%.

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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.

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