The Decorative Hardwoods Association is reporting that last year, U.S. imports of hardwood plywood grew by 12% in value to more than $2.1 billion. This year, however, total imports have declined by 66%.
The distribution of the notices are the result of a motion for preliminary injunction filed on June 5 by ten U.S. plywood companies who make up the U.S. Structural Plywood Integrity Coalition.
The American Alliance for Hardwood Plywood expressed disappointment in the April 18 announcement about imposing preliminary countervailing dutieson Chinese exporters of hardwood plywood.
The Coalition for Fair Trade of Hardwood Plywood has filed "critical circumstances" petitions with the Department of Commerce to stop recent shipments of Chinese hardwood plywood imports into the U.S.
The Coalition for Fair Trade of Hardwood Plywood told the Department of Commerce and the International Trade Commission that Chinese hardwood plywood is being sold below cost in U.S. markets.