🌲Final Results of Administrative Reviews on Hardwood Plywood Products
Certain Hardwood Plywood Products From the People's Republic of China: Final Results of Administrative Reviews of the Antidumping and Countervailing Duty Orders, Final Determination of No Shipments; 2021-2022
Summary
The U.S. Department of Commerce (Commerce) finds that certain hardwood plywood products (hardwood plywood) from the People's Republic of China (China) were sold in the United States at below normal value (NV), and that countervailable subsidies are being provided to producers and/or exporters of hardwood plywood during the period of review (POR) September 26, 2021, through December 31, 2022. Commerce also determines that 16 exporters of hardwood plywood subject to the AD review, and 15 companies subject to the CVD review, had no shipments of subject merchandise during the period of review POR and have demonstrated that they should be eligible to certify that future shipments are not subject merchandise; four companies subject to the AD review are part of the China-wide entity because they did not demonstrate eligibility for separate rates; and the application of facts available with an adverse inference (AFA) is warranted for five companies subject to the AD review and eight companies subject to the CVD review, because the conditions of sections 776(a) and (b) of the Tariff Act of 1930, as amended, (the Act) are satisfied.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The regulatory document includes findings regarding antidumping and countervailing duties for hardwood plywood products imported from China, affecting pricing strategies and market positioning for U.S. businesses. Companies subject to these duties will need to adjust their business strategies to account for financial impacts.