Recently, Vietnam's timber industry has received negative information asplywood products are continuously facing trade defense lawsuits. It is forecasted that wood enterprises will continue to face risks, not only plywood products, but also some other items in many markets.
According to the latest information from the Ministry of Industry and Trade, as of June 2020, the Ministry of Industry and Trade has dealt with 176 trade defense lawsuits from foreign countries against Vietnam's exports.
China will impose anti-dumping duties on imported propanol, used as a printing ink solvent for food packaging and to make antibiotics, from the United States starting July 18, the commerce ministry said on Friday.
Following the launch of a Section 301 Investigation last year, the US Trade Representative has announced 25% tariffs on certain French products, starting January 6, 2021.
The import turnover of Vietnamese steel products to the Philippines accounts for a small proportion of overall revenue and therefore the products should be excluded from the safeguard measures imposed by the island state, according to the Trade Remedies Authority of Vietnam.
U.S. anti-dumping and anti-subsidy probes that could heap tariffs on imports of car and light truck tires from South Korea, Taiwan, Thailand and Vietnam cleared an initial hurdle on Tuesday as the U.S. International Trade Commission voted to let them proceed.
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