Bombardier under fire: How the US targeted the C Series
When the US Commerce Department slapped a nearly 220% countervailing duty on Bombardier's C Series airliner this week, lawmakers in Canada and Britain moved to trade-war footing with the US and vowed to retaliate. The plane maker, meanwhile, called the magnitude of the penalty "absurd and divorced from the reality about the financing of multibillion-dollar aircraft programs." An examination of the documents disclosed by Commerce and conversations with people familiar with the case sheds some light on the rationale behind the decision. It raises questions about whether the department used information selectively to achieve a predesired conclusion against the Canadians. And it suggests the hard line taken by the department so far does not bode well for a separate ruling on dumping expected next week. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-10-02/general/bombardier-under-fire-how-the-us-targeted-the-c-series
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Bombardier under fire: How the US targeted the C Series
When the US Commerce Department slapped a nearly 220% countervailing duty on Bombardier's C Series airliner this week, lawmakers in Canada and Britain moved to trade-war footing with the US and vowed to retaliate. The plane maker, meanwhile, called the magnitude of the penalty "absurd and divorced from the reality about the financing of multibillion-dollar aircraft programs." An examination of the documents disclosed by Commerce and conversations with people familiar with the case sheds some light on the rationale behind the decision. It raises questions about whether the department used information selectively to achieve a predesired conclusion against the Canadians. And it suggests the hard line taken by the department so far does not bode well for a separate ruling on dumping expected next week. <br/>