Discussion: How One Firm Got Tariffs Imposed To Hurt US Newspapers, Bolster Own Business

The White House reportedly called the claims “ridiculous” and Ross maintained that this was a “complicated and unique case,” and that them tariffs successfully punish “bad actors.”

I think this says a couple things…

  1. “ridiculous” = guilty as charged
  2. “complicated and unique issue” = we are incapable of anticipating the consequences of our actions
  3. “bad actors” = the press continues to say mean things about our fearless leader and we will find ways to make them pay
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Wilbur Ross… ONLY the best

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Since many American farmers are hurting in the tariff wars, is this meant to imply they are ‘bad actors’ who deserve punishment?

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OOPS and Bad Gateway day… has hit me at least a dozen time already… this is what week 8 or 10 and still not fixed…

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So just who owns this private company that apparently owns some newsprint suppliers? And how much did they donate to the GOP last cycle?

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$20 says Wilbur Ross has stock or some other financial stake in them, AND/OR he purchased several LARGE Short-Positions on major Newspaper stocks right before his decision.

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A private-equity firm called One Rock Capital got the Commerce Department to levy tariffs on imported newsprint over the objections of the U.S. press, Canadian government and bipartisan lawmakers,…

The company reportedly approached Commerce Secretary Wilbur Ross about how Canadian newsprint imports were hurting its business, resulting in tariffs that lifted newsprint prices by 30 percent.

So does Secretary Ross have a paper trail of these discussions? Any call notes, visitor’s logs, meetings within the Commerce Dept.? Anything?

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Yes, on a private email server…using his gmail account.

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graverobber@gmail.com

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Newspapers/magazines are on the way out and have been since the rise of the www!

WSJ’s put this article outside its paywall. Better coverage.

Government records show that a team from the New York-based firm approached the Commerce Department, including one meeting with Secretary Wilbur Ross, saying Canadian newsprint imports were hurting One Rock’s investment in North Pacific Paper Co., a paper mill also known as Norpac. Commerce responded to One Rock’s appeal by setting tariffs on Canadian imports, causing newsprint prices to jump by as much as 30%, significantly lifting Norpac’s business prospects.

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This is the worst I have ever experienced it. Very few comments are loading, even profile level stuff is broken. Usually there is an apparent reason- a hot story, or some such. Today the site just seems broken. Not a good way to promote Prime.

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“The company reportedly approached Commerce Secretary Wilbur Ross”… and in one hand, they held an envelope containing a slip of paper with a swiss bank account number printed on it.

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I thought Republicans didn’t like the government picking winners and losers.

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Comments will not scroll, not down beyond #20, not from bottom up.

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Things could get interesting when the guy in the center of this photo makes a call on the White House after getting laid off.

Thanks, so Wilber is help the one at the cost to the many, got it.

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what a depressing statement on the state of the union. I cannot dismiss your post as hyberbole. Nor will I take that bet.

We have reached a point that I cannot assume that a cabinet secretary wouldn’t flagrantly abuse his position to enrich himself. Nor can I assume that there will be any political consequences for this behavior.

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Probably friends of his. They were able to go directly to him, get what they wanted right away, and they’re not even the owners of the business.

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