The U.S. Commerce Department on Wednesday finalised steep anti-subsidy duties on Bombardier Inc’s CSeries jets, setting up the next round of a fierce international trade dispute between the United States and Canada.
The move announced by the department to impose duties of nearly 300 percent stems from a complaint by rival Boeing Co.
The company claimed Bombardier had been unfairly and illegally subsidised by the Canadian government, allowing the planemaker to dump its newest jetliner in the U.S. market below cost.
“Today’s decision validates Boeing’s complaints regarding Bombardier’s pricing in the United States, pricing that has harmed our workforce and U.S. industry,” Boeing said in a statement after the department decision.
Delta Air Lines, the second largest U.S. carrier by passenger traffic, has an order for 75 of the 100-to-150 seat CSeries jets.
Airbus now owns 50.1% of the Bombardier C Series. They will be assembled inside the US as a result.
Both Boeing and Wilbur Ross will be able to go fuck themselves.