Canadian aerospace firm Bombardier has won a landmark case in the US, overturning a decision to impose huge 292% tariffs on imports of its C-Series planes, partly built in the UK. UK Prime Minister Theresa May welcomed the ruling - which safeguards thousands of jobs in Northern Ireland.
But it's seen as a blow to US President Trump's "America first" trade policy. Bombardier had been widely expected to lose the case, which followed a complaint by its US rival, Boeing. But in a surprise ruling, the US International Trade Commission (ITC) ruled in favour of the Canadian firm.
The ITC voted 4-0 in favour of Bombardier, ruling that there was no injury to US manufacturers.
This might not be over, but it is clear bombardier has sold the plane far cheaper than should be because of the heavy subsidies.
The US subsidizes it's own aircraft manufacturers. We were taken to task by the WTO for Boeing just last year.
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