6 May 2025
🪵Rescission of Countervailing Duty Review for Multilayered Wood Flooring
Multilayered Wood Flooring From the People's Republic of China: Rescission of Countervailing Duty Administrative Review; 2023
Summary
The U.S. Department of Commerce (Commerce) is rescinding the administrative review of the countervailing duty order on multilayered wood flooring (wood flooring) from the People's Republic of China (China) for the period of review January 1, 2023, through December 31, 2023.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$ - Med
The rescission of the administrative review on countervailing duties affects compliance for companies like Riverside Plywood and other Chinese producers/exporters that could have been affected by changing duties. The retention of current cash deposit rates and the lack of reviewable entries impacts how companies plan their financial obligations and pricing strategies.