We spoke with several of you after the newsletter went out last month who not only used the link to contact your government officials, but also passed the link to people in your company, your customers, and others in the industry.
As of May 15th, several senators have presented S.2835 "Protecting Rational Incentives in Newsprint Trade Act of 2018" (dubbed the "PRINT Act") to temporarily stop the tariffs until a thorough investigation could be completed (see link just below).
Gail contacted one of her state representatives regarding
of the press releases through other outlets have this erroneously listed as S. 2385) and received the following reply:
"In the Senate, this legislation falls under the jurisdiction of the Finance Committee. While I am not a member of that Committee, I want to assure you that I will be following the progress of this bill and will keep your views in mind if this or related legislation comes before the full Senate for consideration."
Gail also recently spent some time researching the reasons why various paper product plants were closed over the last 10 years. Not once did any of them mention undercutting from Canada. China and Indonesia...in some cases, yes. But not Canada. The majority of the revenue problems attributed digital vs. print readership for the lack of orders that caused slow-downs and closures. (This is not new information for anyone in the printing industry)
One major all-inclusive report includes a section that focuses on the number of plants in Canada vs. the number in the USA. It suggests that NAFTA and trade between the two countries
helps equal out the supply/demand necessary in this economy.
Hopefully the Finance Committee will find the same thing.
In the mean time, if the house bill hasn't passed by the time this goes out, use the link below but change the wording to "Please encourage the passing of S.2835 PRINT act". Feel free to write in the comments how this is affecting not only your financial bottom line, but also your ability to obtain paper.
We've also added some additional informational articles to the
section of our user group, including one titled "Are Newsprint Tariff's Protecting our Jobs or Just Another Nail in the Coffin?"