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.
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