*NEWS*CHINA PAPER DUTIES HURT US PRINTERS

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*NEWS*CHINA PAPER DUTIES HURT US PRINTERS

 user 2007-04-18 at 2:39:00 pm Views: 35
  • #17856

    China paper duties hurt U.S. printers
    April 
    2007Although there may exist U.S. industries hurt by Chinese government
    subsidies, it is sad that the Bush administration chose the American
    paper industry as its example (“U.S. to slap duties on China paper,”
    March 31).As the owner of a small local printing company that used $1
    million of the $224 million of coated sheet paper imported from China
    last year, I know the reality. This segment of the U.S. paper industry
    has refused to install new equipment in the last 30 years, while the
    Chinese have brand-new machines. As a result, U.S. papermakers can
    compete on price, but not on quality.The Bush administration’s decision
    is potentially devastating to the consumer of that high-quality Chinese
    paper: the U.S. printing industry, which employs 1.1 million Americans
    in 40,000 firms and exports more than it imports.This will lead to more
    economic harm than benefit.