The Department of Commerce on December 29th, 2020 announced its final antidumping duty (AD) and countervailing duty (CVD) determination on wood mouldings and millwork products from Brazil and China. The Department of Commerce found no dumping on wood mouldings and millwork products from Brazil and therefore, there will be no AD order and duty deposit requirement for imports of wood mouldings and millwork products from Brazil. Upon the issuance of Commerce’s final determinations on wood mouldings and millwork products, the International Trade Commission (ITC) must make its final determination on whether the domestic industry is injured or threatened with injury by way of imported wood mouldings and millwork products from Brazil. If the ITC votes in the negative, no duties will be imposed, and any duties that were previously collected will be refunded. The ITC vote is currently scheduled for 22 January.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.
Wood Mouldings and Millwork Products From Brazil: Final Negative Determination of Sales at Less Than Fair Value