China Multilayered Wood Flooring: Fact Sheet Announces Final AD/CV Rates
The International Trade Administration has issued a fact sheet announcing its affirmative final determinations in the antidumping and countervailing duty investigations of multilayered wood flooring from China (A-570-970, C-570-971), and its finding of targeted dumping for two respondents.
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Final AD Rates Range from Zero to 58.84%
As a result of the final AD determination, ITA will instruct CBP to continue to collect cash deposits or bonds equal to the AD margins of zero to 58.84% (74 separate rate respondents received a margin of 3.31%), adjusted for export subsidies found in the final CV determination.
(See ITT's Online Archives 11062729 for summary of most recent prior AD notice, listing amended preliminary AD rates ranging from zero to 27.12%.)
Final CV Rates Range from .33% to 26.73%
The final CV determination has found rates of 0.33 (de minimis) to 26.73% (124 companied received that 26.73% adverse facts CV rate). CV cash deposits will not be required unless the ITC finds final injury or threat thereof.
(See ITT's Online Archives 11040615 for summary of most recent prior CV notice, listing preliminary rates from zero to 27.01%.)
See future issue of ITT for detailed summary of each case, once the Federal Register notice is issued.