- This topic has 0 replies, 1 voice, and was last updated 9 years, 9 months ago by
.
-
Posts
-
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.
- You must be logged in to reply to this topic.