#CBC: “Canadian newsprint producer hopes U.S. trade commission will overturn duties” #Toronto #Montreal #Calgary #Ottawa #Canada

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North America’s largest newsprint producer hopes uncommon bipartisan political assist within the United States will persuade the U.S. International Trade Commission to overturn closing import duties introduced Thursday.

The United States authorities gave most Canadian newsprint producers a reprieve by reducing closing anti-dumping and countervailing duties on uncoated groundwood, a class that features newsprint and e-book grade paper, in its closing willpower.

The transfer comes after a number of American companies and politicians from each main events complained the tax on Canadian newsprint would threaten the already-struggling newspaper business.

Resolute Forest Products CEO Yves Laflamme mentioned he hopes the fee will reject the Commerce Department’s willpower, simply because it did in January when the panel sided with Bombardier towards U.S. aerospace large Boeing over the C Series business jet that Airbus now controls and has renamed.

Scores of politicians have pressed the unbiased company to quash the duties to save lots of newsprint mills and business jobs, Laflamme mentioned.

“It’s not about helping the Canadian industry, it’s about saving the newspaper industry,” he mentioned, noting that the duties are handed alongside to publishers by means of larger costs.

“It’s just going to kill that business faster than it is right now.”

Tariffs lowered

The U.S. International Trade Commission is slated to resolve in mid-September whether or not the complainant, Washington-based North Pacific Paper Co., suffered hurt.

Under the Commerce Department’s closing willpower, British Columbia-based Catalyst Paper Corp. nonetheless faces a large whole 20.26 per cent tariff, however that is down from 28.25 per cent imposed earlier within the 12 months through the preliminary section.

The firm’s anti-dumping fee was decreased to 16.88 per cent from 22.16, and its countervailing obligation (CVD) fee was lowered to three.38 per cent from 6.09 per cent.

Commerce Secretary Wilbur Ross mentioned in a launch that no different Canadian uncoated groundwood producer must pay anti-dumping tariffs due to the distinctive information of the division’s investigation and arguments made by events.

Montreal-based Kruger’s CVD fee was lowered barely to 9.53 per cent however the closing charges for Resolute, White Birch Paper and different Canadian producers elevated.

Resolute’s countervailing tariff elevated to 9.81 per cent from 4.42 per cent, White Birch was .82 from .65 per cent and all others has risen to eight.54 per cent from 6.53 per cent.

The U.S. says US$1.21 billion value of uncoated groundwood paper was imported from Canada final 12 months.

The Trump administration started investigating Canada’s newsprint business after North Pacific complained Canada was dumping newsprint into the American market and unfairly subsidizing its business at residence.

North Pacific issued a press release commending the choice to maintain some duties in place.

“As established by the Department’s final determination, Canadian producers have been engaged in unfair trade practices, which harm American workers,” the corporate mentioned.

It is identical argument made towards Canada’s softwood business, which led to the imposition of each countervailing and anti-dumping duties on most lumber imports from Canada.

Unlike the softwood lumber commerce dispute backed by a strong U.S. coalition, the newsprint criticism is led by a small producer co-owned by hedge funds that obtained little assist throughout latest public hearings.

Disappointing: Freeland

The U.S. not too long ago ended countervailing duties on supercalendered paper from Canada which were in place since 2015 a day after the World Trade Organization dominated largely in favour of Canada within the dispute over perceived subsidies on supercalendered paper, which is especially utilized in magazines, catalogues, company brochures and promoting inserts.

Foreign Affairs Minister Chrystia Freeland mentioned tariffs on Canadian newsprint will proceed to inflict ache on the U.S. publishing business and will price job losses at native newspapers and publications.

“Despite the slight reduction in some duties, Canada remains disappointed with the final duty rates announced by the U.S. Department of Commerce on U.S. imports of Canadian uncoated groundwood paper, which includes newsprint and printing papers,” Freeland mentioned in a press release.

“These final duty rates will take effect only if the U.S. International Trade Commission rules that Canadian imports have injured the U.S. domestic industry.”

A coalition of U.S. printers, publishers, retailers, paper suppliers and distributors expressed disappointment within the newest choice on duties.

“These import duties on newsprint have already caused job losses in the printing and publishing sectors and have resulted in decreased news coverage in local communities,” mentioned David Chavern, CEO of the News Media Alliance in a press release.

The U.S. not too long ago ended countervailing duties on supercalendered paper from Canada which were in place since 2015 a day after the World Trade Organization dominated largely in favour of Canada within the dispute over perceived subsidies on supercalendered paper, which is especially utilized in magazines, catalogues, company brochures and promoting inserts.

Note: “Previously Published on: 2018-08-02 14:51:18, as ‘Canadian newsprint producer hopes U.S. commerce fee will overturn duties’ on CBC RADIO-CANADA. Here is a supply hyperlink for the Article’s Image(s) and Content”.

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