Asia Pulp & Paper disappointed in U.S. Coated Paper Duty decision
Asia Pulp & Paper (APP), the leading exporter of coated paper from China and Indonesia, received today the lowest combined antidumping and countervailing duty (AD/CVD) margin among Chinese exporters, but is still disappointed with the U.S. Department of Commerce’s final AD/CVD margin. According to APP, the Commerce Department adopted questionable calculation methodologies in rendering its final determination; whereas more proper methodologies would have yielded little to no AD/CVD duties.
“While we are disappointed in today’s announcement of the final AD and CVD rates, we remain confident that the entire trade case will be thrown out at the conclusion of the International Trade Commission’s injury investigation in mid-October,” said Terry Hunley, Acting President, APP Americas.
“This is the second such investigation conducted in the last two years, both of which have involved exports of coated paper produced by APP,” Hunley noted. “The prior investigation was terminated by the U.S. government because APP’s imports of coated paper did not injure the U.S. industry. We believe we will secure a similar result in this case. In fact, this investigation has even less basis than the last one, since the U.S. industry itself has benefited from large, direct federal subsidies for its production of the pulp used to make paper.”
Source: Asia Pulp & Paper