U.S. announces duties on Canadian paper imports despite warnings from industry, lawmakers
The Commerce Department announced preliminary countervailing duties on imports of Canadian uncoated groundwood paper late Tuesday, despite warnings from GOP lawmakers who fear the action will drive up the cost of newsprint, hurting U.S. printers and publishers. “Today’s preliminary decision allows U.S. producers to receive relief from the market-distorting effects of potential government subsidies while taking into account the need to keep groundwood paper prices affordable for domestic consumers,” Commerce Secretary Wilbur Ross said in a statement. “The Department of...