Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1067 Sat. June 02, 2007  
   
Business


China blasts US paper duty


The United States' decision to impose anti-dumping duties on gloss paper imports from China, South Korea and Indonesia on Wednesday will hurt trade relations and won't help American paper manufacturers, analysts say.

The US Department of Commerce said on Wednesday that it made a preliminary decision to impose duties of 23.19 percent to 99.65 percent on Chinese imports of gloss paper, used in cataloges and premium magazines.

It is a second blow to Chinese gloss paper exporters in two months. On March 30, the Department of Commerce announced anti-subsidy duties of 10.90 percent to 20.35 percent, which are expected to take effect in August.

The March charge was the first time the United States launched anti-subsidy acts on a "non-market economy" like China in 23 years.

The Ministry of Commerce was not immediately available yesterday to comment on the new charge, but said in the past two months that the March accusation went against a 1986 US court ruling.