Saturday, January 27, 2018

Bombardier dispute: US court overturns punitive tariffs

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.

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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.

Comments

So much winning!

#1 | Posted by bored at 2018-01-27 09:36 PM

This might not be over, but it is clear bombardier has sold the plane far cheaper than should be because of the heavy subsidies.

#2 | Posted by Crassus at 2018-01-29 01:02 AM

The US subsidizes it's own aircraft manufacturers. We were taken to task by the WTO for Boeing just last year.

#3 | Posted by sitzkrieg at 2018-01-29 08:00 AM

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