US trade agency rejected CSeries duties as jet sales did not hurt Boeing

A US trade agency Wednesday said it did not impose hefty duties on sales of Bombardier's new jetliner to American carriers because it found that Boeing lost no sales or revenues when Delta Air Lines ordered the aircraft in 2016 from the Bombardier. The International Trade Commission issued the reasoning 3 weeks after its Jan 26 ruling that discarded a US Commerce Department recommendation to slap a near 300% duty on sales of Bombardier's 110-to-130-seat CSeries jets for 5 years, following a complaint by Boeing. ITC commissioners voted 4-0 that Bombardier's CSeries prices to US carriers did not harm Boeing's smallest plane, the 737 MAX 7, thereby removing a valid reason to impose duties. <br/>
Reuters
https://finance.yahoo.com/news/u-trade-agency-rejected-cseries-224517423.html
2/14/18