HCMC – The United States Department of Commerce (DOC) has for the sixth time delayed the issuance to May 2 of a final conclusion on the probe into anti-dumping duty evasion on plywood imports from Vietnam.
According to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade, the DOC would announce the conclusion of the probe into the anti-dumping and countervailing duty evasion for plywood using hardwood materials imported from Vietnam on May 2, cited the Vietnam News Agency.
On July 25, 2022, the DOC released its preliminary conclusion, stating that anti-dumping and countervailing duties would be imposed on plywood imports from Vietnam if rotary veneer imported from China had been used.
However, during the investigation, Vietnamese exporters were allowed to prove they had not used Chinese materials to avoid the imposition of U.S. duties.
If Vietnamese plywood is subject to U.S. anti-dumping duties, the interim tax rates would amount to 378.26% for Vietnamese plywood batches shipped to the U.S. from June 17, 2020, said the DOC.
Source: The SaigonTimes