Extra Extra! US newspapers fight to survive paper tariff
Updated 12:39, 11-Aug-2018
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02:15
The US also is wrangling with Canada over trade. And that's having an effect on newspapers in the US. Newspapers in the country -- already struggling with declining readership -- are fighting to stay in print, as Canadian paper becomes subject to new tariffs. As CGTN's Dan Williams reports, this latest financial challenge could be the final nail in the coffin for many.
The latest copy of Chicago newspaper, the Daily Herald, whirs into production. But the newspaper industry in the U.S. is under threat after the U.S. commerce department announced it will proceed with tariffs on imported paper from Canada, though it did agree to lower them. The extra costs are a further blow to an already vulnerable newspaper industry.
SCOTT STONE PRESIDENT & CEO, CHICAGO DAILY HERALD "We are already dealing with technology revolution in our business. Newspapers are struggling. Advertising is declining, going to different places, certainly to the internet. Readership is down, people are reading more on the internet, reading different things. To have this on top, it just seems like the government is giving us another push."
STANDUP - DAN WILLIAMS, CHICAGO "The tariffs went into effect in January. In Mayville, Wisconsin, Andrew Johnson, owner of the Dodge County Pionier and President of the National Newspaper Association, is preparing his next newspaper. He cannot understand the reasoning behind the tariff decision."
ANDREW JOHNSON PUBLISHER, DODGE COUNTY PIONIER "The weekly newspapers alone have let go almost 10,000 people because of this. 10,000. If the tariff continues it is our professional estimation that half the newspapers in America will close."
It's not just jobs that are at stake.
SCOTT STONE PRESIDENT & CEO, CHICAGO DAILY HERALD "What happens if there is not a newspaper in these communities to cover the local news. Some of these communities would be unchecked. There would be no watchdog. And then what would happen? It would be devastating."
There's still a chance the tariffs might be overturned. The International Trade Commission is set to make a final decision on their fate next month. Journalists across the U.S. will be hoping for a good news day. Dan Williams, CGTN, Chicago.