US says Canada dumped paper, imposes import duty - Reuters

Reuters is reporting that the US Commerce Department announced on Tuesday that preliminary findings in their investigation into Canadian groundwood paper and allegations of illegal market dumping. 

Key highlights:

• Dept. of Commerce imposes duties of up to 22.16% on specific Canadian paper products bound for the US.
• The antidumping duties are less than those sought by the Washington state petitioner, the North Pacific Paper Company.
• The final decision will not be until at least August 2nd.
• The investigation was originally announced last August.
• The investigation alleges that Canadian groundwood products used for newspapers were dumped at below-market rates into the United States.
• Canadian companies are being accused of receiving unfair subsidies.
• Investigations into dumping and countervailing duties are up 96% during Trump's presidency.