US launches antidumping, countervailing probe into Vietnamese wood cabinets
15/06/2022 03:25
The U.S. has initiated an antidumping and countervailing investigation into Vietnam and Malaysia’s wooden cabinets, which it suspects were imported from China.
The investigation was launched on June 7, with the U.S. Department of Commerce (DOC) requested to provide its final conclusion within 300-365 days, according to a statement from the Trade Remedies Authorities of Vietnam.
The DOC suspects that Vietnamese and Malaysian manufacturers import parts or completed products from China and finish them locally before exporting them to the U.S.
The probe is based on a petition by American Kitchen Cabinet Alliance.
Between 2019 and 2021 (after the U.S. imposed duties on China), the imports of products investigated for alleged dumping fell by 54 percent to $1.6 billion, according to U.S. official data.
Source: VnExpress
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