Vietnam’s hardwood plywood classified as Chinese product, facing higher duties

The U.S. Department of Commerce issued its final determination that hardwood plywood exported from Vietnam using hardwood plywood inputs sourced from China is, in fact, a product of China. That means the plywood is subject to the antidumping duty (AD) and countervailing duty (CVD) orders on hardwood plywood from China. Thirty-seven companies were found to have failed to cooperate or failed to respond to the agency's investigation. The Commerce Department ordered U.S. Customs and Border Protection to collect cash deposits from these 37 companies at the China-wide rates of 183% for AD and 23 ...