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Tag: duties

South Korea announces preliminary decision to impose anti-dumping duty on plywood imported from Vietnam

22-04-2020
South Korea, anti-dumping, duties, tariffs, plywood products, Vietnam, import

South Korea’s Ministry of Trade, Industry and Energy has made a preliminary decision to place anti-dumping duties on plywood products from Vietnam, and requested the Ministry of Economy and Finance to impose an anti-dumping duty of 9.18 percent to 10.65 percent on plywood coming from Vietnam. The Ministry of Economy and Finance is expected …

India's increased import duty an issue for Ikea

17-03-2020
Indian, import duties, furniture, IKEA

In the latest budget the Indian government increased import duties on furniture from the present 20% to 25%, a move aimed at supporting domestic SME furniture makers, reported ITTO. It has been reported that an executive of Ikea, which has stores in India, met with the government to explain the increase will impact its business which is centred …

U.S. slaps duties on $4.4 Billion of Cabinet Imports from China

02-09-2019
Wood cabinet, wood, vanities, imports, China, duties, American Kitchen Cabinet Alliance, unfair trade

$4.4 billion worth of imported cabinets is the next item to join the long list of Chinese goods slapped with U.S. levies in the U.S.- China trade dispute, reported Bloomberg. The Commerce Department said on 6 August that  it will ask the U.S. Customs and Border Protection to collect cash deposits from importers of the wooden cabinets and …

AHF Products, a U.S. hardwood flooring company, doubles Cambodian manufacturing capabilities

08-08-2019
anti-dumping duties, Cambodia, hardwood flooring, US, China, trade war, AHF Products

AHF Products announced the completion of the expansion of its Cambodian engineered wood flooring manufacturing capabilities to offset the impact of tariffs on imports from China. This expansion allows for more sliced and sawn face visuals to be produced, reported Hardwood Floors Magazine. According to AHF General Legal Counsel Jennifer Zimmerman, …

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