U.S. Department of Commerce Finds Dumping and Subsidization of Imports of Hardwood Plywood Products from China

U.S. Secretary of Commerce Wilbur announced the affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of hardwood plywood products from the People’s Republic of China (China).

The Commerce Department determined that exporters from China sold hardwood plywood products in the United States at 183.36 percent less than fair value.  Commerce also determined that China is providing unfair subsidies to its producers of hardwood plywood products at rates ranging from 22.98 to 194.9 percent.

As a result of today’s decisions, Commerce will instruct U.S. Customs and Border Protection (CBP) to collect cash deposits from importers of hardwood plywood products from China based on the final rates.

“The dumping and unfair government subsidization of products is something this Administration takes very seriously,” said Secretary Ross. “While the United States is committed to free, fair and reciprocal trade with all countries, this is not our idea of a properly functioning trade relationship.”

In 2016, imports of hardwood plywood products from China were valued at an estimated $1.12 billion.

The petitions were filed on behalf of the Coalition for Fair Trade in Hardwood Plywood and its individual members: Columbia Forest Products (NC), Commonwealth Plywood Inc. (NY), Murphy Plywood (OR), Roseburg Forest Products Co. (OR), States Industries, Inc. (OR), and Timber Products Company (OR).

The AD and CVD laws provide U.S. businesses and workers with an internationally accepted mechanism to seek relief from the harmful effects of dumping unfairly priced and unfairly subsidized imports into the United States.

Enforcement of U.S. trade law is a prime focus of the Trump administration. From January 20, 2017, through November 13, 2017, Commerce initiated 77 antidumping and countervailing duty investigations – a 61 percent increase from 48 in the previous year.

Commerce currently maintains 412 AD and CVD orders which provide relief to American companies and industries impacted by unfair trade.

If the U.S. International Trade Commission (ITC) makes affirmative final injury determinations, Commerce will issue AD and CVD orders. If the ITC makes negative final determinations of injury, the investigations will be terminated and no orders will be issued.

Click HERE for a fact sheet on the decision(s).

Leave a Reply

Your email address will not be published.