According to reports, the US has imposed tariffs of 10%-20% on Chinese manufactured goods, in the belief that China is illegally subsidising some of its exports.
The US believes that Chinese paper producers, such as those of high-gloss paper used for brochures and catalogues, benefit from government grants and tax incentives.
According to reports, the Chinese manufacturers have condemned the measures as unwarranted, and have asked the US to reconsider and reverse the move as soon as possible.
It is understood that the Chinese coated paper industry will be severely damaged by the US tariffs, and that the situation could escalate.
According to US government data, Chinese exports of coated paper doubled between 2005 and 2006.
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"Well done all involved... great to see the investment to increase the productivity in the same footprint- much more sustainable than popping another one up."
"From 1949 until the late 2000s Remploy had a network of government-subsidised factories that offered employment specifically to disabled people, originally often war veterans or victims of industrial..."
"Does appear an odd decision as with that level of shareholder funds they would be liable for the staff redundancy and cover the insolvency costs. It’s not like they could take the money and dodge..."
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