U.S. to charge up to 22 percent tariff on Canadian newsprint
The U.S. government has announced a preliminary determination in an antidumping duty investigation of imports of uncoated groundwood paper from Canada. That class of paper includes newsprint, as well as paper for printing and book publishing.
The Commerce Department says it determined that exporters from Canada have sold uncoated groundwood paper in the U.S. between 0.00 and 22.16 percent less than fair value, down from the estimated dumping margins alleged by the petitioner of 23.45 to 54.97 percent. The petitioner is north Pacific Paper Company of Washington state.
as a result of the March 13 decision, "Commerce will instruct U.S. Customs and Border Protection (CBP) to collect cash deposits from importers of uncoated groundwood paper from Canada based on these preliminary rates," according to a release from the department.
Commerce is scheduled to announce the final determination in this investigation on or about august 2.
U.S. authorities will start collecting cash deposits immediately from Canadian importers based on the preliminary duty rate, CnHI news Service reported.
If Commerce makes affirmative final determinations of dumping and the U.S. International Trade Commission makes an affirmative final injury determination, Commerce will issue an aD (anti-dumping duty) order. If Commerce makes a negative final determination of dumping or the ITC makes a negative final determination of injury, the investigation will be terminated and no order will be issued.