More Duties Imposed On Resolute

Posted on Thursday, January 11, 2018 07:53 AM

Resolute Forest Products has been hit with more duties from the U.S.

This time on newsprint.

The U.S. Department of Commerce is placing a 4.42 per cent countervailing duty against Resolute as part of a preliminary decision that also impacts several other producers.

A complaint from a US company that Canadian mills are unfairly subsidized led to the ruling.

The Department says a final decision will be made in March.