Saturday, January 27, 2018
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.
Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.