On the recordMay 14, 2018
Mr, President, I rise today to introduce the Protecting Rational Incentives in Newsprint Trade Act of 2018, also known as the PRINT Act, which seeks to address an urgent crisis facing printers and publishers in the United States. I am very pleased to be joined by Senator King and a bipartisan and distinguished group of cosponsors, including Senators Blunt, Jones, Fischer, McCaskill, Moran, Wicker, Isakson, and Capito, to advance this legislation, which is endorsed by publishers representing more than 600,000 American jobs. Earlier this year, the Department of Commerce instituted import taxes on certain types of paper imported by the U.S. printing and publishing industry from Canada. The paper--technically known as uncoated groundwood paper, but better known as newsprint--is used by newspapers, book publishers, and numerous other commercial printers in the United States. These import taxes are being advanced under the principle of trade enforcement to protect the domestic paper industry. It is telling, however, that nearly all of the U.S. paper industry opposes these import taxes, including the large trade association representing the entire industry, the American Forest and Paper Association. The paper industry opposes the import taxes because they threaten to decimate the paper industry's customers and drive printers and publishers out of business forever. The import taxes are as high as 32 percent on some products.…
Source
govinfo.gov




