CFTHP Files Petition Against Chinese Import Surge
Washington, DC, March 27, 2017—The Coalition for Fair Trade of Hardwood Plywood (CFTHP) has filed "critical circumstances" petitions with the Department of Commerce to stop a recent surge of Chinese hardwood plywood imports into the U.S. in an illegal attempt to flood the market before antidumping and countervailing duty orders are imposed, reports the Hardwood, Plywood & Veneer Association (HPVA).
“If the Coalition's actions are successful, antidumping and countervailing duties will be imposed 90 days earlier, subjecting Chinese hardwood plywood imports to duties of up to 100% or more,” the HPVA reports. “Commerce's preliminary determination in the countervailing duty case and antidumping case are due no later than April 17 and June 16, respectively. If critical circumstances are found, Chinese hardwood plywood imported as early as January 17 will be subject to countervailing duties, and Chinese hardwood plywood imported as early as March 16 will be subject to antidumping duties.”