Paper Tariffs — Will Commerce Be Swayed?

Some have speculated that the CFS paper industry became a litmus test to help squelch a U.S. trade deficit with China that reached $232.5 billion in 2006. Sectors such as steel, electronics and garments, to name a few, stand to benefit greatly in a big-picture initiative to close the deficit.

“It’s protectionism, and it’s going to hurt the U.S. economy,” Vendetti predicts.