US adds import duty to Bombardier CSeries, now 300%
The US Commerce Department has added to Bombardier’s problems with the announcement of a further import duty on its CSeries aircraft. The department proposed a duty of 79.82% in a preliminary determination in its antidumping investigation of 100- to 150-seat large civil aircraft imported from Canada. The duty comes on top of a 219.63$ duty announced last week for “countervailable subsidies” in financing the CSeries aircraft. Bombardier “strongly disagreed” with the preliminary decision saying it “represents an egregious overreach and misapplication of the US trade laws in an apparent attempt to block the CSeries aircraft from entering the US market.” The Commerce Department said it based its preliminary ruling partly because Bombardier had failed to provide information requested by the department. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-10-09/general/us-adds-import-duty-to-bombardier-cseries-now-300
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US adds import duty to Bombardier CSeries, now 300%
The US Commerce Department has added to Bombardier’s problems with the announcement of a further import duty on its CSeries aircraft. The department proposed a duty of 79.82% in a preliminary determination in its antidumping investigation of 100- to 150-seat large civil aircraft imported from Canada. The duty comes on top of a 219.63$ duty announced last week for “countervailable subsidies” in financing the CSeries aircraft. Bombardier “strongly disagreed” with the preliminary decision saying it “represents an egregious overreach and misapplication of the US trade laws in an apparent attempt to block the CSeries aircraft from entering the US market.” The Commerce Department said it based its preliminary ruling partly because Bombardier had failed to provide information requested by the department. <br/>
