The Coalition for Fair Trade of Hardwood Plywood has filed “critical circumstances” petitions with the Department of Commerce to stop recent shipments of Chinese hardwood plywood imports into the U.S., according to the Hardwood Plywood and Veneer Association.
HPVA said that the shipments are being made in an attempt to enter the market before anti-dumping and countervailing duty orders are imposed.
If the coalition’s actions are successful, anti-dumping and countervailing duties will be imposed 90 days earlier, subjecting Chinese hardwood plywood imports to duties of up to 100 percent or more.
Commerce’s preliminary determinations in the countervailing duty case and anti-dumping case are due no later than April 17 and June 16, respectively. If critical circumstances are found, Chinese hardwood plywood imported as early as January 17 will be subject to countervailing duties, and Chinese hardwood plywood imported as early as March 16 will be subject to anti-dumping duties.
See https://www.hpva.org/ and https://hardwoodplywoodfairtrade.com/ for more information.
From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/us-producers-seek-new-duties-against-chinese-plywood?ss=news,news,woodworking_industry_news,news,almanac_market_data,news,canadian_news