South Korea Issues Antidumping Ruling Against Vietnam

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South Korea's trade commission has established antidumping duties of up to 10.65% for five years against Vietnamese plywood producers for causing damage to South Korean manufacturers. The ruling states that Vietnamese plywood was imported at lower than normal prices, resulting in a decline in market share, employment, and operating profit of South Korean companies.

 

Resource:

Aju Business Daily: S. Korea makes final anti-dumping ruling against Vietnamese plywood