Antidumping deposits remain in place for entries made from March 2, while final duties depend on the U.S. International Trade Commission’s injury determination.

The U.S. Department of Commerce lowered the final weighted-average dumping margin on hardwood and decorative plywood from Viet Nam to 90.12%, from a preliminary rate of 196.14%. The reduction amounts to 106.02 percentage points.

The decision does not impose antidumping cash deposits for the first time. U.S. Customs and Border Protection has suspended liquidation of covered entries made on or after March 2, 2026, when the preliminary determination was published. Preliminary adjusted cash deposit rates ranged from 191.85% to 194.80%, depending on the producer-exporter combination.

Under the final determination, Commerce is instructing CBP to collect the unadjusted antidumping cash deposit rate of 90.12%. The companion countervailing-duty provisional measures expired on May 22, so Commerce is not currently collecting the export-subsidy-adjusted antidumping rate of 84.95%.

For a shipment with a customs value of $100,000, the antidumping cash deposit would fall from $196,140 at the preliminary dumping margin to $90,120 under the final margin.

The 84.95% adjusted antidumping rate would become applicable if the U.S. International Trade Commission issues affirmative final injury determinations in both the antidumping and countervailing-duty proceedings. Commerce would then revise the cash deposit rate from the date the ITC’s affirmative determination is published in the Federal Register.

In the separate final countervailing-duty determination, Commerce assigned a subsidy rate of 47.68% to Trieu Thai, Nhat Duy and most other covered producers, while Junma Phu Tho received a rate of 165.39%.

For most Vietnamese suppliers, the two separate measures could result in a combined cash deposit burden of 132.63%, consisting of an 84.95% antidumping deposit and a 47.68% countervailing-duty deposit. For Junma Phu Tho, the combined burden could reach 250.34%, comprising 84.95% and 165.39%. These figures represent the sum of deposits under two separate trade-remedy proceedings, not a single duty rate.

The measures remain subject to the ITC’s final injury determinations, which are due within 45 days of Commerce’s final affirmative determinations. A negative ITC finding would terminate the relevant proceeding, lift the suspension of liquidation and result in the cancellation or refund of cash deposits. Affirmative findings would lead Commerce to issue separate antidumping and countervailing-duty orders.

Source: Lesprom