The Trump administration has imposed duties on uncoated groundwood paper which includes newsprint and publishing paper grades, timberbiz.com.au reports. According to the US Department of Commerce, Canadian exporters have sold newsprint in the US at as much as 22.16% less than fair value and it will collect cash corresponding to those rates.
Canada is the largest exporter of newsprint in the world, with a market dominated by Resolute Forest Products, Kruger and Catalyst Paper Corp of British Columbia. It is the second time the Trump administration has slapped duties on the Canadian forestry industry in recent months.
