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Recent Trade News

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Canadian Paper Mill Plans to Fight U.S. Decision on Tariffs

By Michael Tutton, The Globe and Mail Aug 04, 2015

A Canadian paper mill that relies on exports to the United States to maintain more than 330 jobs at its Cape Breton mill says it will fight hard against a decision by the U.S. government to slap large tariffs onto its coated paper products.

Port Hawkesbury Paper said Wednesday the interim duty of 20.33 per cent announced by the U.S. Department of Commerce is unfair and without merit.

“We are very confident in our ability to reduce these interim duties substantially, or eliminate them entirely, as part of the process,” said Marc Dube, development manager of Port Hawkesbury Paper.

The J.D. Irving mill in New Brunswick and Catalyst Paper of British Columbia are also facing an 11.19-per-cent duty under the U.S. decision, while Resolute paper is facing a 2-per-cent tariff.

The trade action is the result of a petition filed by two U.S. producers of supercalendered paper that say the Canadian paper goods are unfairly subsidized.

Read Full Article on The Globe and Mail »