Timber Products Reacts to Positive ITC Ruling on Chinese Imports

Springfield, Ore. – Timber Products Company, a member of the Coalition for Fair Trade of Hardwood Plywood, is pleased with the positive ruling by the U.S. International Trade Commission on the antidumping (AD) and countervailing duty (CVD) investigations on hardwood plywood from China. 

Itc

The Department of Commerce's determination is a result of a full-year investigation into China's unfair trade practices. In December, the Department of Commerce published its commencement of the antidumping and countervailing duty investigations of certain hardwood plywood products imported from China. 

“Our company, as members of the Coalition for Fair Trade of Hardwood Plywood, is pleased with the results of this ruling,” said Joe Gonyea, III, Co-Chair of the Board for Timber Products. “This strong ruling publicly reinforces what we have known for years about unfair Chinese subsidies and dumping of inferior products into the U.S. Market. Our domestic producers can finally compete on an even playing field.” 

In April 2017, the Department of Commerce preliminarily found that the Government of the People’s Republic of China was unfairly subsidizing its hardwood plywood producers and imposing countervailing subsidies on its hardwood plywood exports. At that time, the preliminary countervailing duties ranged from 9.89 to 111.09 percent, and in June 2017, announced preliminary antidumping duties of 57 percent or higher. In November 2017, the Department of Commerce adjusted the margin calculations for the final determination, increasing the rates for anti-dumping to 183.36 percent, and increasing the rates for countervailing duties to range between 22.98 to 194.90 percent. 

The antidumping and countervailing duty cases were filed on behalf of the Coalition for Fair Trade of Hardwood Plywood, a group of six producers and manufacturers that are committed to safeguarding the U.S. hardwood plywood industry and its thousands of workers. 

About Timber Products

About Coalition

Related Blog Posts

  • Plywood3
    Regulations Get Redos and New Reviews

    Make no mistake, regulations impacting the wood products industry are changing. "When and how," remain the question.

    Read More
  • Hardwood lumber
    5 Tips to Get the Most Out of Your Supplier

    Likely, your customers already understand that in working with a reputable, reliable and well-informed manufacturer or distributor, they are gaining a resource that can keep them abreast of industry trends and best practices.

    Read More
  • Wood resource
    5 Innovative Ways to Use Wood Waste

    One of the most effective ways to reduce a carbon footprint is to reduce the waste created on any job. However, some waste is unavoidable in woodworking.

    Read More
  • Governor visit
    Timber Products’ Solutions to Labor Challenges Garner Governor’s Attention

    The skilled labor crisis is hitting companies across the manufacturing industry and beyond, but smart business owners are not complaining—they are working to create pipelines for future talent.

    Read More

Comments