Coalition Not Pleased with Decision in Hardwood Plywood Trade InvestigationNovember 7th, 2013 | Category: Industry News
The U.S. International Trade Commission (ITC) issued a final negative determination in the unfair trade investigation of Hardwood and Decorative Plywood from China. This week’s vote brings the administrative investigation to an end.
The Coalition for Fair Trade of Hardwood Plywood (CFTHP), an organization composed of U.S. manufacturers which filed the unfair trade petition in September 2012, expressed its deep disappointment over the ITC vote. Jeff Levin, counsel for CFTHP, noted that the ITC’s vote came despite the fact that all Chinese imports of the product were found to be unfairly traded in the U.S. market by substantial margins.
“This industry, which has seen large portions of the U.S. market for hardwood plywood captured by unfairly traded imports to the pronounced detriment of this manufacturing industry, will face the continued threat posed by Chinese imports,” said Levin. “We do not believe that the ITC’s determination is reflective of the facts presented in this investigation — or the realities of the marketplace.”
The written determination by the ITC, explaining the reasoning behind the vote, will be issued in approximately two weeks. At that time, Levin said the CFTHP will evaluate whether there is cause to file a judicial appeal of the ITC determination.