The U.S. Department of Commerce has initiated antidumping duty (AD) and countervailing duty (CVD) investigations into imports of hardwood and decorative plywood from China, Indonesia, and Vietnam, following petitions filed on May 22 by the Coalition for Fair Trade in Hardwood Plywood. The investigations aim to determine whether these countries are selling plywood in the U.S. at less than fair value and whether their governments are unfairly subsidizing exports. According to Commerce, the alleged dumping margins are steep: 504.07% for China, 84.94% for Indonesia, and between 138.04% and 152.41% for Vietnam. All three ...