WASHINGTON—The U.S. International Trade Commission (ITC) this morning issued a final affirmative determination in the unfair trade investigations of multilayered (engineered) wood flooring from China.
As per the decision, antidumping and countervailing duty orders will be issued that cover all but one Chinese manufacturer. U.S. imports from all of these manufacturers are now subject to cash deposit requirements for estimated antidumping and countervailing duties at rates determined last month. However, U.S. importers will not know the actual amount of duties they will owe on current and future imports of the product for more than one year, until after the U.S. Department of Commerce determines their ultimate duty liability through its annual administrative review process.
The trade investigation was initiated by a petition filed last year by the Coalition for American Hardwood Parity (CAHP). “We are very pleased with the ITC’s determination this morning,” said Jeff Levin, lead counsel for the CAHP. “This marks a successful conclusion to a hard-fought battle, and represents an important win for American manufacturing, and the fight to keep honest paying manufacturing jobs in this country. This also represents a substantial step towards redressing the harmful impact of unfair trading in the U.S. market.”Tweet
Wednesday, November 9th, 2011
Categories News | Tags: anti-dumping, CAHP, Coalition for American Hardwood Parity, countervailing, duties, engineered, export, flooring, hardwood, import, International Trade Commission, ITC, multilayered, wood
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