EU targets Chinese plywood in latest defence of domestic industries

The EU has imposed anti-dumping duties on Chinese plywood imports, just a few days after Beijing tried to ease trade tensions between the two. The provisional levies of up to 62.4 per cent follow a surge in imports of hardwood plywood over the past three years that had damaged domestic producers, the European Commission said. The Greenwood Consortium of EU producers, which brought a complaint against Chinese competitors last year, said it welcomed the move but argued for “definitive duties to be even higher than these provisional levels” when the commission makes a final decision later this year.

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