CHINA/INDONESIA/USA – Duties to offset subsidies could result in Chinese and Indonesian paper imports into the US costing more than twice as much, according to initial estimates by the US Department of Commerce (DoC).
DoC has found that some exporters received subsidies of as much 126% of their costs in China, and 131% in Indonesia.
If anti-dumping measures are imposed, US Customs will have to require cash deposits matching the subsidies to authorise entry of the paper imports, said DoC.
Bloomberg Intelligence analyst Caitlin Webber said,“You can imagine that would have a material impact on what imports look like….”
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