Can a 5% newsprint tariff save SA’s print industry?

According to Business Day, Sector-wide review launched as imports threaten paper and packaging jobs South Africa’s trade authorities have imposed a 5% tariff on imports of newsprint, in rolls or sheets, to save the domestic print industry from extinction. The decision follows a request by JSE-listed multinational paper and pulp producer Sappi, whose margins and those of its peers were being eroded by cheaper imports.