Chinese hardwood flooring slapped with duty

An unfair-competition complaint by U.S manufacturers has led to preliminary duties on multilayered wood flooring from China. 

The Commerce Department Tuesday announced a 27.01% duty rate on multilayered flooring imports -- a move described as a preliminary decision, based on evidence of Chinese subsidies.

Facing what they called unfair competition, a group of hardwood flooring suppliers formed the Coalition for American Hardwood Parity (CAHP) in October and filed an unfair trade petition regarding imported engineered wood flooring from China.