Vietnam Plywood Faces US Dumping Duties After Review
Published Date: 3/2/2026
Notice
Summary
The U.S. Department of Commerce found that hardwood and decorative plywood from Vietnam is likely being sold in the U.S. for less than fair value, which could lead to extra duties. This affects Vietnamese exporters and U.S. importers, with the investigation covering October 2024 to March 2025. The final decision is delayed, giving everyone more time to weigh in before any money changes happen.
Analyzed Economic Effects
6 provisions identified: 2 benefits, 4 costs, 0 mixed.
Preliminary finding: imports sold below fair value
The U.S. Department of Commerce preliminarily found that hardwood and decorative plywood from Vietnam is being sold in the United States at less than fair value. The investigation covers the period October 1, 2024 through March 31, 2025 and interested parties were invited to comment after the March 2, 2026 notice.
Very high preliminary dumping margins assigned
Commerce preliminarily assigned estimated weighted-average dumping margins and cash deposit rates of 196.14 percent for many listed Vietnamese producers and a Vietnam-wide rate of 196.14 percent; adjusted weighted-average margins reported for some producers are around 191.85–194.80 percent or about 193.32 percent. These percentages are the rates used to set cash deposits.
Immediate suspension of liquidation and deposit duty start
As of publication (March 2, 2026), Commerce directed U.S. Customs and Border Protection to suspend liquidation of subject entries and to require cash deposits equal to the estimated weighted-average dumping margins for entries entered or withdrawn from warehouse for consumption on or after the publication date.
Preliminary negative finding on critical circumstances
Commerce preliminarily determined that critical circumstances do not exist with respect to imports of hardwood and decorative plywood from Vietnam in this investigation. This determination is specifically stated in the Preliminary Decision Memorandum.
Provisional measures extended to up to six months
Commerce extended provisional measures from a four-month period to a period not greater than six months pursuant to requests by exporters; Commerce will therefore allow provisional measures to continue up to six months following this preliminary determination.
Final determination postponed (exporters requested delay)
Junma and Trieu Thai requested and Commerce agreed to postpone the final determination; Commerce will make its final determination no later than 135 days after publication of the preliminary determination. Junma and Trieu Thai requested this postponement on December 4, 2025.
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Key Dates
Department and Agencies
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