[Congressional Record Volume 164, Number 78 (Monday, May 14, 2018)]
[Senate]
[Pages S2644-S2645]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
By Ms. COLLINS (for herself, Mr. King, Mr. Blunt, Mr. Jones, Mrs.
Fischer, Mrs. McCaskill, Mr. Moran, Mr. Wicker, Mr. Isakson,
and Mrs. Capito):
S. 2835. A bill to require a study of the well-being of the newsprint
and publishing industry in the United States, and for other purposes;
to the Committee on Finance.
Ms. COLLINS. 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. The
printing and publishing industry is already facing a severe economic
threat from the overall trends in the publishing market, including the
shift to digital consumption of news. The printing and publishing
industry simply cannot absorb the increased costs of paper caused by
the tariffs. The Tampa Bay
[[Page S2645]]
Times, for example, has announced that the tariffs are increasing the
newspaper's operating costs by $3 million annually and, as a result, it
must lay off around 50 employees. Other newspapers across the Nation
face the threat of layoffs and closures, particularly smaller
publications and businesses serving local communities. The Swift County
Monitor News in Benson, Minnesota, reported a 43 percent net increase
in its newsprint costs from the duties. But let's not forget the impact
of these tariffs on such an important profession in our society. The
Executive Editor of the Lewiston Sun-Journal and seven Western Maine
weekly newspapers put it this way: ``While tariffs are going to cost
the newspapers in real dollars, the real cost will be to the mission of
journalists and the ability of newspapers--of all sizes--to carry on
critical work in the public interest.''
Mr. President, I strongly support the robust enforcement of our trade
laws to protect U.S. interests, but these new import taxes are having
the opposite effect. The import tariffs are dramatically increasing
costs for publishers, accelerating the decline of local and regional
papers across the Nation, and undermining the United States paper
industry's customer base without any chance of recovery.
I trust that the Department of Commerce has accurately applied the
trade enforcement remedies in this case, but that is exactly the
problem. The antidumping and countervailing duty trade remedies are not
equipped to address a situation like this where the import duties will
actually harm the industry they were intended to protect.
That is the reason that we are introducing the PRINT Act. Our bill
would suspend the import taxes on this paper while the Department of
Commerce examines the health of--and effects on--the printing and
publishing industry. It is important to note that the legislation does
not propose that Congress step in and substitute its judgment. The
President would retain full authority to implement the duties after the
Commerce Department completes its study.
Moreover, the legislation is only a pause. It is designed to ensure
that the government makes decisions about these import tariffs with an
understanding of all the anticipated and potential collateral effects
on the U.S. industry and jobs.
Mr. President, this bill is both sensible and urgently needed.
Printers and publishers throughout the country have indicated that the
import taxes are threatening irreparable harm to their businesses.
Adoption of the PRINT Act would ensure that we evaluate fully the
impact of these tariffs before the duties kill American jobs for good.
I encourage my colleagues to join me in supporting this important
legislation.
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