U.S. Slaps High Anti-dumping Tariffs on Chinese Wood Products

Channel NewsAsia 2013-09-19

The United States on Tuesday slapped high anti-dumping tariffs on Chinese hardwood and decorative plywood products, hitting nearly $750 million worth of imports from China.

The Department of Commerce's International Trade Administration said an investigation had determined that the wood products from China were both "dumped" - underpriced in the US - and enjoyed significant subsidies from the Chinese government.

The ITA said the anti-dumping duties would range from about 56 percent to 122 percent, and that anti-subsidy duties would run up to 27 percent, depending on the exporter and product.

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