U.S. House Passes America Competes Act of 2022
Sterling, VA, February 11, 2022- The U.S. House of Representatives has passed the America Competes Act to improve U.S. competitiveness with China, the Decorative Hardwoods Association said in a release. The legislation includes provisions from the Leveling the Playing Field 2.0 Act that would make it quicker and easier for U.S. companies and agencies to counter circumvention and illegal subsidies. The Senate passed its version last year.
Coalitions that include several Decorative Hardwoods Association plywood and engineered wood flooring member companies support the new trade rules.