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Chinese, Indonesian Glossy Paper to Face U.S. Import Duties

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windreader1


Chinese, Indonesian Glossy Paper to Face U.S. Import Duties

April 30 (Bloomberg) -- Glossy paper imported from China and Indonesia will face antidumping duties, the U.S. Commerce Department said in adding to a record number of trade complaints against the Chinese.

Duties on $260 million of paper used for magazines will average 60.27 percent for China and 10.62 percent for Indonesia, the Commerce Department announced yesterday. U.S. Customs will start collecting deposits of the duties while the case proceeds to a conclusion this year, the statement said.

China, which had a $227 billion trade surplus with the U.S. in 2009, has been the subject of more complaints filed over unfair trade than any other nation, according to data compiled by the World Bank. Makers of steel pipe, phosphate salts, woven ribbons and electric blankets have all sought to inhibit imports from China.

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