On March 2, the DOC announced a preliminary finding that subsidies have occurred, and ordered U.S. customs to collect duties ranging from 3.92 percent to 17.48 percent, pending final determinations.
Anti-dumping duties (ADD) are the remedy for dumping, which is defined as selling at less than fair value (LTFV). This normally means that a company is selling in the U.S. at a price below the price it sells at in its home market, but can also mean selling below cost or selling below the price it sells at in other export markets. It is up to the DOC to determine if dumping has occurred. On April 29, the DOC was scheduled to announce preliminary findings on anti-dumping.
Jack Miller is founder and Principal Consultant at Market-Intell LLC, offering Need to Know™ market intelligence in paper, print and packaging. Previously, he was senior consultant, North America, with Pira International.
Known as the Paper Guru, Jack is the former director of Market Intelligence with Domtar, where he also held positions as regional sales manager, territory sales manager and product manager. He has presented at On Demand, RISI’s Global Outlook, PRIMIR, SustainCom World and at various IntertechPira conferences. Jack has written for Printing Impressions, Canadian Printer, Paper 360, PaperTree Letter and Package Printing, along with publishing a monthly e-newsletter, MarketIntellibits.
He holds a Bachelor of Arts degree in Economics from The College of the Holy Cross and has done graduate studies in Statistics and Finance.