The article discusses the setback faced by American producers fighting for imposition of tariffs on imported Chinese paper. The ruling by the U.S. International Trade Commission stated that NewPage Corp. and other markers of glossy paper had not been materially injured from the subsidies and so the Chinese paper exports are not liable for the imposition of tariffs. Further, NewPage reports the decline in the domestic industry due to Chinese imports.
The article reports that the International Trade Commission has given its approval to an inquiry on Chinese government subsidies by the U.S. Department of Commerce. The department wants to look for the possibility of placing countervailing duties on coated paper from China to balance Chinese subsidies. Earlier, in one of its policy, the department stated that non-market economies like China would not come under the influence of countervailing duty laws.
Published
2006
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