According WASHINGTON, October 18 Reuters US Department of Commerce announced on the 18th, on imports from China and decorative hardwood initiated anti-dumping and countervailing duty (dual) investigation, which is the year the United States against Chinese products first four anti-dumping investigations and countervailing duty investigations paragraph 3. The US Commerce Department said the investigation was initiated at the request of the Federation of American hardwood plywood trade fair. The federation is located in North Carolina, New York and Oregon 6 companies. Investigation could lead to the United States to impose punitive tariffs on such products.
The Federation believes that Chinese exports to the United States and decorative hardwood plywood dumping margin of 298.36 to 321.68 percent, the subsidy rates are more than 2% of the allowable range. US Commerce Department data show that in 2011 US imports from China and decorative hardwood plywood value is expected to reach $ 616.5 million. According to the US program, the US International Trade Commission is expected to be around 13 November to the preliminary investigation, if the agency finds that imports of such products from China cause or threaten material injury to the US industry, the US Department of Commerce will continue a dual investigation, and is expected to be in December this year and March next year respectively in countervailing and anti-dumping investigations preliminary results.
This year is election year in the United States, the Obama administration frequently for campaign purposes, China-bashing and repeatedly against Chinese products dual and 337, trade protectionism is clearly heating up. Chinese Ministry of Commerce repeatedly expressed the hope that the US government abide by the commitment against trade protectionism, and jointly safeguard the free, open and fair international trading environment, a more rational approach to properly handle trade frictions.