South Korea

Penalty tariffs ranging from 10.9 percent to 20.4 percent will now be levied on imports of glossy paper from China, the U.S. Commerce Department announced. The tariffs result from a case filed by NewPage of Dayton, Ohio, which accused sources in China, Indonesia and South Korea of dumping coated freesheet imports in the United States. Chinese suppliers, NewPage contended, had been receiving improper subsidies from the Chinese government, according to the Associated Press. The tariffs take place on a preliminary basis and will become final after the Commerce Department’s review is completed in June, the AP reported.