[FONT=Arial]In a major shift in US trade policy, the Commerce Department has announced that they will be imposing tariffs on paper imports from China. After having waited over a year for another major revaluation move by the People’s Bank of China, the US government has decided to take things into their own hands. Although details have not been fully disclosed, the government is expected to impose penalties in range of 10.9 to 20.4 percent on imports of glossy paper from China. [/FONT] [FONT=Arial]Even though US Treasury Secretary Paulson has been in favor of a buddy versus bully approach and China has done their ... (full story)