The struggling U.S. newspaper industry is caught up in a costly trade dispute that's pushing up its production cost. Groundwood paper is used in newsprint production, and most of it comes from Canada. The Trump administration put a tariff on those imports because of concerns the paper was subsidized by the Canadian government and sold at below-market prices. The Commerce Department will announce Thursday whether it will end that tariff. Alex Wagner visited the New York Times printing plant to see how it's impacting the industry.
Saturday, August 04, 2018
Tariff on groundwood paper raises production costs for newspapers
The struggling U.S. newspaper industry is caught up in a costly trade dispute that's pushing up its production cost. Groundwood paper is used in newsprint production, and most of it comes from Canada. The Trump administration put a tariff on those imports because of concerns the paper was subsidized by the Canadian government and sold at below-market prices. The Commerce Department will announce Thursday whether it will end that tariff. Alex Wagner visited the New York Times printing plant to see how it's impacting the industry.
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