The US Administration proceeds with reduced tariff rates on Canadian Newsprint

August 3, 2018
Category: Today's Takeaway

The US Dept. of Commerce’s final determination on Canadian newsprint tariffs—proceeding but at a reduced rate—generated a plethora of responses, most negative.

Here are the notables:

  • A small reprieve but still a blow to the newspaper industry (NY Times)
  • It’s just going to kill that business faster than it is right now (Minister Freeland)
  • Newsprint tariffs send costs soaring for US newspapers (Financial Times)
  • North Carolina Paper blames newsprint tariffs for dropping Sunday comics (Associated Press)
  • Commerce confirms Canadian producers benefit from government subsidies (NORPAC)
  • Kruger is in a more competitive position (Newfoundland) while Catalyst is hardest hit (BC)

In other news: RISI acquires Random Lengths; market pulp reaches record prices in 2018; Northern Energy reveals their pellet plant plans; and Western Forest Products, Interfor and Rayonier’s positive Q2 results are in.

Finally, the first ever UK-made CLT is making its building-debut and Fortress Paper is adding value to its pulp-making business with sweeteners for chewing gum.

Monday, August 6th is a holiday in British Columbia, as such the next edition of the news will be Tuesday, August 7th. Thank you.

Kelly McCloskey, Tree Frog Editor

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