US Commerce Department to continue Bombardier trade probe
The US International Trade Commission voted unanimously June 9 for the govt to continue its investigation into allegations by Boeing that Bombardier’s CSeries jets are being unfairly subsidised. The commission said there is a “reasonable indication” that a US industry is threatened with “material injury” due to the aircraft allegedly being sold in the US at less than fair value. As a result of the decision, the US Department of Commerce will continue its investigation and disclose its preliminary countervailing duty determination around July 21 and anti-dumping duty decision around Oct 4. Boeing petitioned the US Commerce Department and the US International Trade Commission earlier this year alleging subsidies given to Bombardier have allowed the manufacturer to sell the CSeries planes at well below cost. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-06-13/general/us-commerce-department-to-continue-bombardier-trade-probe
https://portal.staralliance.com/cms/logo.png
US Commerce Department to continue Bombardier trade probe
The US International Trade Commission voted unanimously June 9 for the govt to continue its investigation into allegations by Boeing that Bombardier’s CSeries jets are being unfairly subsidised. The commission said there is a “reasonable indication” that a US industry is threatened with “material injury” due to the aircraft allegedly being sold in the US at less than fair value. As a result of the decision, the US Department of Commerce will continue its investigation and disclose its preliminary countervailing duty determination around July 21 and anti-dumping duty decision around Oct 4. Boeing petitioned the US Commerce Department and the US International Trade Commission earlier this year alleging subsidies given to Bombardier have allowed the manufacturer to sell the CSeries planes at well below cost. <br/>
