US launches dumping probe into Canadian paper imports

Image
AFP Washington
Last Updated : Aug 31 2017 | 1:22 PM IST
The US Department of Commerce has announced an investigation into whether imports of uncoated groundwood paper from Canada were being dumped in the United States.
The probe, focused on whether Canadian producers received subsidies allowing them to sell their paper in the US market at a cut rate, could result in anti-dumping and countervailing duties.
The department said in a statement it had received a complaint from a paper company in the northwestern United States, which alleged that Canadian products had sold from between 23.5 percent and 55 percent below market rate.
The value of uncoated groundwood paper imports to the US from Canada was an estimated $1.27 billion last year, according to the statement.
The announcement comes as negotiators engage in tense talks aimed at revamping the North American Free Trade Agreement that links the US, Canada and Mexico.
The US has already slapped tariffs on Canadian softwood lumber as part of a trade conflict between the neighboring countries.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 31 2017 | 1:22 PM IST

Next Story