Hardwoods Distribution Inc. announced that a coalition of U.S. plywood manufacturers filed a summons with the U.S. Court of International Trade to appeal the ruling that had dismissed their trade case against Chinese hardwood plywood.
The trade case was initiated on Sept. 27, 2012, when the coalition alleged that Chinese imports are sold in the United States at prices below cost and are subsidized by the government of China. After more than a year of investigation, on Nov. 5, 2013, the U.S. International Trade Commission ruled unanimously against the coalition’s case.
Hardwoods Distribution’s strategy includes selling both imported and domestically produced hardwood plywood to satisfy the demand and diverse product preferences of its customers. The company estimates approximately 14 percent of its total sales are of product imported from China that fall within the scope of this trade dispute. The company says it will closely follow the appeal process that has been initiated.
It is expected a ruling from the U.S. court system will take 18 to 24 months, and that no duty liabilities related to importing Chinese hardwood plywood would arise during that period of time.