Canada preparing next move in Bombardier case after USA confirms hefty duties

Canada preparing next move in Bombardier case after USA confirms hefty duties

The U.S. Commerce Department finalized tariffs of almost 300% against Canadian plane maker Bombardier on Wednesday, as it sought to remedy the impact of the company's "market-distorting" trade practices on Boeing (BA) and other domestic manufacturers.

The dispute has contributed to escalating trade tensions between the U.S. and Canada.

The change was caused by a reduction in the countervailing duty to 212.39 per cent, while the anti-dumping duty remains at 79.82 per cent.

Bombardier did not immediately return FOX Business' request for comment.

The move comes as the United States, Canada and Mexico are involved in a three-way negotiation to modernize the North American Free Trade Agreement (NAFTA).

"Boeing's petition is an unfounded assault on airlines, the flying public, and the US aerospace industry", said Mike Nadolski, vice president communications and public affairs.

If imposed, the duties would more than triple the cost of a CSeries aircraft sold in the United States, based on Boeing's assertion that Delta received the planes for $20 million each, well below an estimated cost of $33 million and what Bombardier charges in Canada.

The trade dispute has ensnared Delta Air Lines, which agreed to buy at least 75 of the 100-150 seat jets from Bombardier in 2016.

Canadian killed, 3 injured in Mexico tourist bus crash
He said his bus passed by just minutes after the accident and he observed skid marks on the dry pavement. They were in Roatan, Honduras, on Monday and were scheduled to be in Cozumel on Wednesday.

"We remain confident that at the end of the process, the United States International Trade Commission will reach the right conclusion, which is that the C Series benefits the U.S. aerospace industry, U.S. airlines, and the U.S. flying public".

Bombardier employs about 1,000 people in Belfast linked to the C-Series.

The decision is not necessarily final; it could be overturned if the U.S. International Trade Commission finds that Boeing did not suffer material injury as a result of the Delta sale; the ITC's final decision is expected on february 1.

"Today's decision validates Boeing's complaints regarding Bombardier's pricing in the United States, pricing that has harmed our workforce and US industry", Boeing said in a statement after the department decision.

"They have presented us with the impossible and then made us swallow the unacceptable", said Yvon Paiement, president of Local 712 of the International Association of Machinists and Aerospace Workers. Unifor is Canada's largest union in the private sector, representing more than 315,000 workers in every major area of the economy.

"We remain confident that at the end of the process, the United States International Trade Commission will reach the right conclusion, which is that the C Series benefits the U.S. aerospace industry, USA airlines, and the USA flying public".

"The reality is that governments both here and in the States have a role to play in supporting a viable aerospace industry", said Renaud Gagné, Unifor Quebec Director.

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