Free Newsletters - Space News - Defense Alert - Environment Report - Energy Monitor
by Staff Writers
Washington (AFP) Sept 17, 2013
The United States on Tuesday slapped high anti-dumping tariffs on Chinese hardwood and decorative plywood products, hitting nearly $750 million worth of imports from China.
The Department of Commerce's International Trade Administration said an investigation had determined that the wood products from China were both "dumped" -- underpriced in the US -- and enjoyed significant subsidies from the Chinese government.
The ITA said the anti-dumping duties would range from about 56 percent to 122 percent, and that anti-subsidy duties would run up to 27 percent, depending on the exporter and product.
The tariffs were set after an investigation requested by a group of US wood product companies under the umbrella of the Coalition for Fair Trade of Hardwood Plywood.
Hardwood and decorative plywood is used in home and office interiors as wall panels, cabinets, and in some flooring.
Forestry News - Global and Local News, Science and Application
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|