China Hardwood Plywood: AD/CVD Investigations End With No AD/CV Duties After ITC 'No Injury' Vote
Importers of plywood from China won’t face antidumping and countervailing duties, after the International Trade Commission voted on Nov. 5 that imports of hardwood and decorative plywood from China aren’t injuring domestic industry. The ITC’s unanimous vote means the Commerce Department will not put AD and CV duty orders on hardwood plywood from China. Commerce was set to impose AD duties of 55.76% to 121.65%, and CV duties of up to 27.16%, on Chinese plywood imports (see 13050216 and 13092028). Commerce will now end its investigation, and order CBP to refund cash deposits it had been collecting since March.
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The International Wood Products Association said the ITC decision will benefit not only importers, but also businesses that depend on imported plywood and U.S. consumers. “IWPA is pleased that many small American businesses will be able to continue to use both domestic and imported Chinese hardwood plywood to create the best possible product for the American consumer,” it said in a statement that followed the vote. “Manufacturers around the country use Chinese hardwood plywood in everything from flooring to RVs to kitchen cabinets,” it said. “IWPA is relieved that onerous and unnecessary duties will not punish these industries.”