1. US slaps duties on Bombardier jets after Boeing subsidy complaint

US slaps duties on Bombardier jets after Boeing subsidy complaint

The U.S. Commerce Department said on Tuesday it slapped preliminary anti-subsidy duties on CSeries jets made by Bombardier Inc after rival Boeing Co claimed the aircraft were unfairly subsidized by Canada.

By: | Washington | Published: September 27, 2017 5:11 AM
Boeing, Boeing news, Boeing latest news, Boeing flights, Boeing plane, Boeing on plane demand, aviation industry Boeing has complained the 110-to-130 seat aircraft were dumped below cost in the U.S. market last year while benefiting from unfair subsidies. (Reuters)

The U.S. Commerce Department said on Tuesday it slapped preliminary anti-subsidy duties on CSeries jets made by Bombardier Inc after rival Boeing Co claimed the aircraft were unfairly subsidized by Canada. The department imposed a 219.63 percent countervailing duty on Bombardier’s new commercial jets after it made a preliminary finding of subsidization. Boeing has complained the 110-to-130 seat aircraft, which have not yet been imported into the United States, were dumped below cost in the U.S. market last year while benefiting from unfair subsidies.

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