Commerce Slaps 111 Percent Duty On Chinese Wood Imports
Law360, Washington (April 18, 2017, 7:52 PM EDT) — The U.S. Department of Commerce on Tuesday made a preliminary determination that Chinese hardwood plywood exporters were selling unfairly subsidized products in the United States, a decision that could impact more than $1 billion in sales in the U.S.
In an announcement from Commerce Secretary Wilbur Ross, the Commerce Department stated that it has made a determination that certainlayered hardwood plywood products have been unfairly subsidized at somewhere between 9 percent and 111 percent.