The U.S. International Trade Commission has launched an investigation into the competitive conditions affecting the U.S. hardwood flooring business. At issue is the role played by foreign markets and imports, supply and demand, trade patterns, and the effects of tariffs. The probe will also include an overview of the U.S. solid and engineered wood flooring markets, as well as the plywood industry.
investigation was requested by the U.S. Senate’s Committee on Finance in early
March. The ITC plans to submit a final report to the Senate committee just over
a year from now. In addition, a public hearing on the investigation is slated
for 9:30 a.m. Sept. 13, in Washington, D.C. Written statements are also being
to ITC spokeswoman Peg O’Laughlin, the investigation is essentially a
fact-finding mission. “It will offer findings and analysis based only on what
we were asked to cover,” she told NFT.
“It does not affect policy.”
“After the report is completed,
it will go back to the requester, which in this case is the Senate Finance
Committee. After the Committee has a chance to familiarize itself with the
results, the report will go out to the public,” she added.
For more information
visit www.usitc.gov or call (202)
U.S. gov't to investigate hardwood trade conditions
April 20, 2007