Commerce Announces Final AD/CVD Rates on Chinese Hardwood Plywood
The Commerce Department announced its final affirmative determinations in its antidumping and countervailing duty investigations of hardwood plywood products from China, in a fact sheet released on Nov. 13. The agency set AD duty rates at 183.36% for all Chinese…
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exporters, and CV duty rates of 22.98% to 194.9%. The next step is the International Trade Commission’s final injury determination, currently scheduled for Dec. 21. If the ITC finds injury, Commerce will make duties permanent by issuing AD and CV duty orders. Countervailing duty cash deposit requirements have expired, and will only take effect again if the International Trade Commission finds injury and Commerce issues a CV duty order. International Trade Today will have more details on these final determinations when they take effect upon publication in the Federal Register.