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ITC Finds Chinese, German Paper Imports Hurt US

Law360 (November 3, 2008, 12:00 AM EST) -- The U.S. International Trade Commission will allow the federal government to continue imposing countervailing and anti-dumping duties of up to 252 percent on Chinese imports of thermal paper used in credit card and ATM transactions.

In a final ruling issued Thursday, commissioners voted 6-0 to find that lightweight thermal paper subsidized by the Chinese government and sold at less than fair value in the U.S. posed a material threat to the industry in the U.S.

The commission found that thermal paper from Germany, sold for less...
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