Vietnam's Decorative Plywood Faces New U.S. Countervailing Duties
Published Date: 1/22/2026
Notice
Summary
The U.S. Department of Commerce found that Vietnam’s hardwood and decorative plywood makers are getting unfair government help, so they’re starting to add extra taxes to these imports. This affects companies importing plywood from Vietnam and could mean higher prices starting soon. The final decision will line up with related trade cases, so watch for updates in 2026!
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Preliminary Duty Rates on Vietnam Plywood
Commerce preliminarily found countervailable subsidies for hardwood and decorative plywood from Vietnam and set estimated subsidy rates of 26.75% for Junma Phu Tho Co., Ltd, 4.37% for Trieu Thai Son., Ltd, and an all-others rate of 15.56%. These rates are expressed ad valorem and were announced in the preliminary determination on January 22, 2026.
CBP Suspension and Cash Deposit Requirement
Commerce will direct U.S. Customs and Border Protection to suspend liquidation of entries of the subject plywood and to require a cash deposit equal to the preliminary rates listed above for entries entered, or withdrawn from warehouse, for consumption on or after January 22, 2026 (date of publication).
No Preliminary Critical Circumstances Finding
Commerce preliminarily determined that critical circumstances do not exist with respect to imports of plywood from Vietnam for Junma Phu Tho Co., Ltd, Trieu Thai Son., Ltd, and all other exporters or producers not individually examined, as stated in the January 22, 2026 notice.
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