Federal Government Duty Announcement Finds No Dumping But
Applies Duties to Chinese Imported Hardwood Plywood Market
Protectionist Campaign is a Lose-Lose for Global Marketplace,
U.S. Manufacturers and Jobs
– A protectionist campaign initiated by a handful of domestic
companies has resulted in U.S. manufacturers being hit with more duties on
imported Chinese hardwood plywood even after the U.S. government found that
all individually-investigated exporters did not engage in “dumping” (unfair
pricing). Hardwood plywood is a vital component of the wood products supply
chain and the broad range of industries that rely on it. As part of its ongoing
investigation of Chinese hardwood plywood market practices, the U.S.
Department of Commerce announced a preliminary antidumping duty of zero
percent on all Chinese exporters who were individually examined. However,
Commerce refused to apply a zero percent to the remaining exporters who
were fully cooperative. Instead, Commerce used an average that included a
penalty duty normally reserved for non-cooperative companies. The resulting
average duty, 22.14 percent, applies this penalty to U.S. manufacturers’
purchases of hardwood plywood from these fully cooperative exporters.
The Commerce Department took a similar path in the countervailing duty
investigation that examined whether the Chinese government conferred illegal
subsidies on exports of hardwood plywood. After finding that all three
investigated companies received no subsidies, Commerce applied a penalty
duty to the rest of the exporting industry.
This entire press release is available at: http://media.wix.com/ugd//d3efe9_6144c8b453816467ef084940a666cd64.pdf