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Today’s Top Headlines

US Progresses Plywood Trade Dispute With China

by Glen Shapiro,, New York

04 January 2017

The International Trade Commission (ITC) determined on December 30 that there is a reasonable indication that US industry is being materially injured by reason of imports of hardwood plywood products from China.

As a result of the ITC's affirmative decision, the US Department of Commerce (Commerce) will continue to conduct its anti-dumping (AD) and anti-subsidy countervailing duty (CVD) investigations on imports of those products from China.

Commerce is now scheduled to make its preliminary CVD determination in February 2017 and its preliminary AD determinations in April this year. The alleged AD margins are between 104.06 percent to 114.72 percent for the various Chinese producers/exporters.

Imports of hardwood plywood from China reached USD660m in 2015, representing 56.5 percent of total US consumption in that year.

TAGS: tax | anti-dumping | China | manufacturing | trade disputes | United States | import duty | trade

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