EU Slaps Anti-Dumping Levies on Plywood Imports From China

The European Commission said it was imposing provisional duties of up to 62.4 percent on hardwood plywood from China.

Sheets of plywood on a rack in a hardware store in a stock photo. Shutterstock

The European Union imposed anti-dumping levies on imports of hardwood plywood from China on Tuesday.

The European Commission said it was imposing provisional duties of up to 62.4 percent on hardwood plywood after noticing a surge in dumping over the past three years, which has damaged producers from within the 27-member bloc.