Chinese Paper Tariffs Rankle U.S. Printers —Michelson
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It makes you wonder, too, why the current administration would choose high-quality imported Chinese paper as the test case for instituting import tariffs against non-market economy countries, changing a governmental policy that dates back to the 1980s. However, given America’s reported $232.5 billion trade deficit with China, some analysts predict import duties might ensue on other Chinese products, if these paper tariffs make it through Chinese appeals in U.S. courts and at the World Trade Organization. The printing industry is already facing enough challenges without being at the center of a potential trade war between the United States and China.
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