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CME concerned with regrettable US decision to impose preliminary countervailing duty on Canadian newsprint

Published by Stefi Proulx on January 10, 2018

OTTAWA (January 10, 2018) – Canadian Manufacturers & Exporters (CME) is concerned with US Department of Commerce decision to levy preliminary countervailing duties of 0.65% to 9.93% on uncoated paper. "This decision will impact the Canadian industry negatively and could lead to job losses in certain provinces. This decision will not only affect pulp and paper producers but also their entire supply chain," said Dennis Darby, President & CEO of CME. “Additionally, the duties will drive the prices of newsprint up in the US, hurting American consumers.”

"Manufacturers are strong proponents of free and fair trade and are concerned that this new tariff barrier will affect Canada’s trading relationship with its most important partner, the United States” added Darby.

CME, as part of its NAFTA engagement with the Canadian government, has called for the modernization of the agreement to include a clear and independent process for dispute resolution. This would allow for the resolution of conflict of this kind objectively and transparently for all parties.

About the Canadian Manufacturers & Exporters:

Since 1871, Canadian Manufacturers & Exporters has been helping manufacturers grow at home and thrive around the world. In 2016, CME released Industrie 2030 - a roadmap for doubling Canadian manufacturing activity by 2030. Our focus is to ensure the sector is dynamic, profitable, productive, innovative and growing. We aim to do this by strengthening the labour force, accelerating the adoption of advanced technology, supporting product commercialization, expanding marketplaces and, most importantly, ensuring a globally-competitive business environment. CME is a member-driven association that directly represents more than 2,500 leading companies who account for an estimated 82 per cent of manufacturing output and 90 per cent of Canada's exports.

For more information, please contact:

Stefi Proulx
Senior Communications Advisor
Canadian Manufacturers and Exporters
613-292-6070
stefi.proulx@cme-mec.ca 

 

Found in: US trade

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