Irving Paper loses tariff battle with U.S., faces new duties

In a stinging defeat for New Brunswick's largest forestry company, the U.S. Commerce Department has set the stage for punishing new duties on some J.D. Irving Ltd. paper products.

The department has ruled that Irving's "subsidy rate" for supercalendered paper is 18.85 per cent, which means that's the level of import duty that could be applied when the product is exported to the United States.

That rate is actually higher than the preliminary rate of 11.19 per cent set by the department in July.

This has been excerpted from the 15 October 2015 edition of CBC NEws and is available in its entirety at:
http://www.cbc.ca/news/canada/new-brunswick/irving-paper-tariff-u-s-1.3271749