After completing a required five-year review, the U.S. International Trade Commission announced the existing antidumping and countervailing duty orders on certain hardwood plywood products from China will remain in place.
The decision was made after the USTIC determined revoking the duty, which exceeds 200% on some Chinese hardwood products, would likely lead “to continuation or recurrence of material injury or threat of material injury within a reasonably foreseeable time.”
The USITC’s full review will be available June 16.
“This is a critical development for the industry that has been fighting unfair imports from China for years,” stated Keith Christman, president of the Decorative Hardwoods Association. “It also underlies circumvention cases against Vietnam, where a final ruling is expected later this month.”
