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December 5, 2019

US to investigate plywood coming from Vietnam

The import tariff on Vietnamese plywood in the US market is in range of 0–8%; meanwhile, the anti-dumping duty on Chinese plywood is 183.36% and the anti-subsidy tariffs for imported Chinese plywood are 22.98–194.90%.  The US Department of Commerce conducted an anti-evasion tax investigation in September 2018 against Chinese plywood products with an external veneer made from pine.  According to the Chairman of Binh Duong Furniture Association, Mr Dien Quang Hiep, “Previously, China was always the biggest competitor of Vietnam in exporting plywood into the US. Now, as ...

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