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FOREST PRODUCTS TRADE POLICY HIGHLIGHTS - NOVEMBER 2004 |
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Study Released Quantifying Impact of Illegal Logging |
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On November 4, 2004, the American Forest & Paper Association released a study prepared by Seneca Creek Associates and Wood Resources International quantifying the extent of illegal logging globally and its impact on U.S. wood products exports. The study reveals that upward of 10 percent of global wood products trade can be traced back to timber of suspicious origin,
i.e., illegally logged timber, and affects the ability of U.S. exporters to compete in some important markets. The consultants estimate that absent illegal logging and associated trade, U.S. exports of logs, lumber and plywood could increase by $460 million annually. However, they also noted that solving the problem of illegal logging will
take more than just strengthened enforcement capacity and trade restrictions, since illegal logging and associated trade is inextricably tied to other economic, social and political problems. The study is available for download at http://www.afandpa.org. |
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Final Dumping Margins Announced for Chinese Wooden Furniture |
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On November 9, 2004, the Department of Commerce (DOC) announced its final affirmative determination in its antidumping duty investigation of wooden bedroom furniture from China. DOC found that seven Chinese companies, representing 35 percent of U.S. imports by value, exported at less than fair value and
assessed them with margins ranging from 0.79 percent to 198.08 percent. For 115 Chinese companies, representing about 65 percent of imports by value, the DOC assessed a margin of 8.64 percent. A China-wide rate of 198.08 percent was assessed for all other exporters. The U.S. International Trade Commission is
scheduled to issue its final injury determination no later than December 23, 2004. U.S. imports of wooden bedroom furniture from China have increased from $169 million in 1999, to $1.1 billion in 2003. |
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| Last modified: Friday, January 19, 2007 |