Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

DonViejo

(60,536 posts)
Tue Jun 12, 2018, 12:35 PM Jun 2018

Trump Tariff Jacked Up U.S. Newsprint Prices

Last edited Tue Jun 12, 2018, 01:23 PM - Edit history (1)

Source: PoliticalWire



June 12, 2018 at 1:20 pm EDT By Taegan Goddard

“A single tariff benefiting one paper factory in Washington state could prompt the loss of thousands of U.S. newspaper jobs,” the Philadelphia Inquirer reports.

“The ripple effect started with One Rock Capital Partners, a New York private equity firm that bought a paper mill in Longview, Wash., and then petitioned the Trump commerce department for tariffs against Canadian paper. That one mill employs about 250 people.”

“The result? The equity firm won punishing newsprint tariffs that have pushed up newsprint prices by about 30 percent. Already newspapers around the U.S. have begun making thousands of layoffs.”

###

Read more: https://politicalwire.com/2018/06/12/trump-tariff-jacked-up-u-s-newsprint-prices/

18 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump Tariff Jacked Up U.S. Newsprint Prices (Original Post) DonViejo Jun 2018 OP
Is there any chance of print newspapers making a comeback? oberliner Jun 2018 #1
Aimed at the entire print news media IMO, but particularly Jeff Bezos and the Washington Post Auggie Jun 2018 #2
Agreed, Dump knows dictatorships cannot thrive when the population is well-informed ... mr_lebowski Jun 2018 #6
I think it's deeper than that with Bezos. This is punishment. And a middle finger. Auggie Jun 2018 #11
But Trump is stupid. Bezos knows the Internet best and WaPo is big online. . . . nt Bernardo de La Paz Jun 2018 #13
Yeah, well, so maybe it's not the smartest revenge. But he is costing Bezos money ... Auggie Jun 2018 #17
In tRump's view there should be only two official outlets Bernardo de La Paz Jun 2018 #18
This sort of thing is why Hearst bought 10s of thousands of acres of land BumRushDaShow Jun 2018 #3
Can't Canada simply cut their tariffs? The Mouth Jun 2018 #4
To answer your three questions - no, no, and no. George II Jun 2018 #9
OK, I'm trying to find the info The Mouth Jun 2018 #10
Trump put the tariff on Canadian newsprint. rickford66 Jun 2018 #14
What I was trying to find- The Mouth Jun 2018 #15
Trump is the last one to care. "Literacy" has two syllables too many for him already. DFW Jun 2018 #5
KGOP republicans are out to kill the free press Achilleaze Jun 2018 #7
That's one way to put the failing New York Times out of business for good. George II Jun 2018 #8
I'm thinking it will be the smaller newspapers that get crushed. Ilsa Jun 2018 #12
If they can read, they probably aren't his base The Mouth Jun 2018 #16
 

oberliner

(58,724 posts)
1. Is there any chance of print newspapers making a comeback?
Tue Jun 12, 2018, 12:38 PM
Jun 2018

I get the sense they will go extinct in a decade or so.

 

mr_lebowski

(33,643 posts)
6. Agreed, Dump knows dictatorships cannot thrive when the population is well-informed ...
Tue Jun 12, 2018, 01:03 PM
Jun 2018

A great way to keep people dumb is to attack any media critical of the Dictator in their pocketbooks.

This way it's not quite so obvious what the Dictator's goal really is, unlike w/outright censorship.

Auggie

(31,838 posts)
17. Yeah, well, so maybe it's not the smartest revenge. But he is costing Bezos money ...
Tue Jun 12, 2018, 04:22 PM
Jun 2018

while creating a lot of anxiety among the staffs of the WaPo and NY Times and countless other papers. Some will lose their jobs or papers will have print fewer pages and/or do less in-depth reporting.

Weaker stories make it online.

I think this is too smart for Trump, actually. It's quite underhanded and tyrannically evil IMO, i.e., using the power of the presidency to hurt your critics. It smells like Bannon, or something Rove-like.

Bernardo de La Paz

(51,057 posts)
18. In tRump's view there should be only two official outlets
Tue Jun 12, 2018, 04:48 PM
Jun 2018

... Fox & Friends & Hannity and the National Enquirer.

All other news and discussion should be subject to prior censorship until approved to get through.

BumRushDaShow

(143,221 posts)
3. This sort of thing is why Hearst bought 10s of thousands of acres of land
Tue Jun 12, 2018, 12:58 PM
Jun 2018

and logging rights in California way back in the day. No middle men.

The Mouth

(3,295 posts)
4. Can't Canada simply cut their tariffs?
Tue Jun 12, 2018, 12:58 PM
Jun 2018

That would be a win/win.
I'm trying to find the Canadian side of this.. I mean something is strange in two different dimensions - why aren't the other mills pushing the issue? And *IS* Canada doing something that gives their industry an unfair advantage?

Personally, I hope they conquer us and bring maple syrup and healthcare.

George II

(67,782 posts)
9. To answer your three questions - no, no, and no.
Tue Jun 12, 2018, 01:35 PM
Jun 2018

What trump is saying is 100% hogwash. Sure there are some industries that have high tariffs, but overall the United States has a huge trade surplus and some of the tariffs that trump is talking about are grossly exaggerated.

The Mouth

(3,295 posts)
10. OK, I'm trying to find the info
Tue Jun 12, 2018, 01:44 PM
Jun 2018

it's buried here and there.

Be better if we just got rid of *ALL* tariffs.

The Mouth

(3,295 posts)
15. What I was trying to find-
Tue Jun 12, 2018, 04:06 PM
Jun 2018

is this in response to tariffs they put on, or not?

Not that I trust Cheeto Benito, just trying to get my facts in a row before arguing the point. I agree that if he's for it, it probably stinks

The only pertinent quotes in the article:

The tariffs resulted from a complaint by a single U.S. paper manufacturer, North Pacific Paper Co. (Norpac) of Longview, Wash. It alleged that government subsidies given to Canadian producers gave them an unfair price advantage over U.S. domestic mills. Canada has about 25 producers while only five operate in the U.S., according to the Pittsburgh Post-Gazette.

In response to the mill’s petition, the U.S. Commerce Department in January imposed a tariff of 6.2 percent on Canadian newsprint and raised it by 22 percent more in March.

Commerce’s “preliminary decision allows U.S. producers to receive relief from the market-distorting effects of potential government subsidies while taking into account the need to keep groundwood paper prices affordable for domestic consumers"

So were the Canadians putting tariffs on our stuff or not? Sounds more like their government was subsidizing their mills than they were penalizing US newsprint, which is a different issue.

Something odd about this, something really stinks. I mean I'm against tariffs, period, but something is fishy here. I only bring it up because I'm more likely to get good links to honest information here than nearly anywhere else.

Thanks


DFW

(56,711 posts)
5. Trump is the last one to care. "Literacy" has two syllables too many for him already.
Tue Jun 12, 2018, 01:02 PM
Jun 2018

If it won't fit into a tweet, he won't read it anyway.

Achilleaze

(15,543 posts)
7. KGOP republicans are out to kill the free press
Tue Jun 12, 2018, 01:09 PM
Jun 2018

they hate truth. they hate reporters. they want to keep the American people in the dark.

Ilsa

(62,260 posts)
12. I'm thinking it will be the smaller newspapers that get crushed.
Tue Jun 12, 2018, 03:12 PM
Jun 2018

The ones with small circulation probably has more overhead per customer. I wonder if the smaller papers are more conservative?

Latest Discussions»Latest Breaking News»Trump Tariff Jacked Up U....