🪵USITC Investigates Hardwood Plywood Imports Impacting Trade
Hardwood and Decorative Plywood From China, Indonesia, and Vietnam
Summary
The U.S. International Trade Commission has initiated investigations into hardwood and decorative plywood imports from China, Indonesia, and Vietnam, determining that these imports may materially harm U.S. industries due to alleged subsidizing and unfair pricing. The investigations include both countervailing and antidumping duties, with the final phase set to commence following further assessments.
Agencies
- International Trade Commission
Business Impact
$$$ - High
The document relates to ongoing trade investigations regarding imports of hardwood and decorative plywood from specific countries, which could result in countervailing and antidumping duties. Businesses involved in this sector should prepare for regulatory compliance and potential financial impacts associated with increased import costs.