U.S. Customs action prompts furniture importer to closeWOODINVILLE, WA --

Tradewins, an importer of wood casegoods, is going out of business because the U.S. Customs Department has put a kabash on its shipments from China, including collection of antidumping duties on wood bedroom furniture.

Tradewins will liquidate $2.5 million in inventory through October, according to Furniture Today, citing company sources. 

The company once did annual sales of $30 million.

Posted by Rich Christianson
 

 

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