New tariffs on paper threaten our newspaper and more than 600,000 U.S. jobs

 

The threat of paper tariffs has been a deep concern for our company and the entire newspaper industry since last fall, when one lone paper supplier, North Pacific Paper Company (NORPAC), sought protection from Canadian paper imports by filing a petition with the U.S. Department of Commerce.

A tariff is a tax or duty that is placed on foreign companies by the importing country as a way to essentially price fix and put economic and political pressure on the exporting country.

NORPAC’s single mill is located in Washington state and their company is owned by a New York-based hedge fund. You know, the type of business that could not care less about the newspaper industry or small town America.

 

Leave a Reply

Your email address will not be published. Required fields are marked *