hp for ($i=0; $i]+>!is", "", $news['Contains'][$i]['Body']); ?>

US Upholds Import Tariff on Bombardier

A Bombardier CS300 C Series aircraft manufactured by Bombardier Inc

In an unfortunate move for Canadian aircraft maker Bombardier, the U.S. Department of Commerce announced its decision to finalize the 300% import duty levied on its aircrafts.

"The Commerce Department announced total duties of 292.21 percent - a final antidumping rate of 72.82 percent and a final countervailing duty rate of 212.39 percent - in a case brought by Chicago-based Boeing".

United States secretary of commerce Wilbur Ross has found in favour of United States-based manufacturer Boeing in a dispute over aircraft sales.

The decision also included language that could disrupt Bombardier's plan to circumvent the tariff by completing final assembly of CSeries aircraft ordered by United States airlines in Mobile, Alabama.

The petitioner in the case, Boeing, does not now offer a rival product to the Bombardier C Series. But the panel also appeared dubious about Bombardier's claims that the CSeries and the smallest versions of the 737 do not compete against each other at all. Boeing, Bombardier and Delta presented arguments to the ITC this week.

Boeing stated the decision validated its complaints about Bombardier's aircraft pricing in the United States, "pricing that has harmed our workforce and USA industry". Boeing argues that Bombardier signed a deal to sell its new single-aisle CS 100 planes with a price tag of just $19.6 million each, far below the $33.2 million construction cost, and a pittance compared with the list price of $79.5 million - though that amount is nearly never paid. "This facility will provide USA airlines with a US -built plane thereby eliminating any possibility of harm due to imports".

Things to Know About the NYC Bombing
He exited the vehicle and an officer shot him. "We are going to keep being New Yorkers", he also said. A photograph showed a man lying facedown, with tattered clothes and burns on his torso.

"These investigations have already established beyond question that Bombardier has taken billions of dollars in illegal government subsidies to prop up its C Series program".

"The fact is that the CSeries simply does not threaten Boeing", Bombardier said in a statement.

The Commerce Department's decision comes as the Trump Administration takes a hard line on trade practices it views as hurting American workers.

Delta is expected to wait for that new plant to open before taking delivery of their order. The U.S. decision means that the relations between the country and its neighbor, Canada are likely to be terribly strained.

Susan Fitzgerald, the Unite regional officer for Bombardier in NI said: "This decision poses a devastating risk for the Northern Ireland economy".

Bombardier doesn't deny that Delta received a good price.

Related News:



Most liked

US Reportedly Planning to Attack North Korea to Stop its Nuclear Program
Britain's National Cyber Security Center (NCSC) has also reportedly attributed WannaCry to North Korea, as well. North Korea also has artillery along its border aimed at South Korea.

US Census Bureau: Idaho population booms; IL drops to sixth-biggest state
And once again, Texas' population grew by the largest number of any state in the country, as it has for every year this decade. IL has dropped from the fifth-most-populous state to sixth-most-populous state in the country, according to U.S.

Parents pull children out of school for Ivanka Trump visit
According to a report by News12 CT , some parents who oppose the president's views were unhappy with Trump's surprise visit.

Allardyce reacts to 'brave' Everton after fourth consecutive home win
Swansea, on the other hand, will not be looking forward to anything. "I'm clearly disappointed with the result - again". I brought some experienced and talented staff with me, along with the rest of the staff - I want everyone to get better.

Honduras: President Juan Orlando Hernandez declared election victor
Nasralla met with OAS Secretary General Luis Almagro and a senior State Department official in Washington on Monday. TV broadcast images of protesters setting up flaming barricades and blocking roads in cities around the country.

Newcastle players cancel Christmas to focus on relegation battle
"We just have to be sure we have the options and see if they are possible because sometimes January is very hard ". The club dropped into the Premier League's relegation zone after Saturday's 1-0 defeat to Arsenal .

Soccer star Kaka announces retirement
The former FIFA World Cup victor with Brazil stated that: "My cycle as a professional player ends here". The risky playmaker won the Ballon d'Or and FIFA's World Player award in 2007 while playing for Milan.

Google's Year in Search 2017: Bahubali 2 was India's top trend
The annual Year in Search analyzes Google Trends data to uncover "what the world was searching for". In the tech category, the iPhone 8 , iPhone X and Nintendo Switch were at the top of the category.

Watch Official Trailer: Great things come of out passion | Padman
The film is based on the story of Arunachalam Muruganantham , who invented low-priced sanitary pad making machines. PadMan is a project Akshay and Twinkle were eager to bring on the big screen for a long time .

Mobile Shakes up TV Industry with Layer3 Purchase
Earlier today T-Mobile CEO John Legere teased he had some big news to reveal and now the cat is out of the bag. T-Mobile's effort is a clear shot against AT&T, which offers its DirecTV Now streaming option.

Apple To Release The "Most Powerful Mac Ever Made"

Afghanistan's inaugural Test scheduled against India
The match and the venue in India will be announced soon in a joint press conference by BCCI and Afghanistan Cricket Board (ACB). The workshop concluded that there will be less Tests and ODIs and more T20Is played from May 2019.

Former president Mikheil Saakashvili held over coup claim
Saakashvili rose to power in Georgia during the 2003 Rose Revolution that drove then President Eduard Shevardnadze from office. Mikheil Saakashvili , the former Georgian president turned opposition leader in Ukraine, has appeared in court in Kiev .

WWE pro wrestler Rich Swann arrested, charged with battery of wife
Per Gagnon, he was scheduled to face Drew Gulak with the top contender spot and a match against Enzo Amore on the line. The arrest stemmed from a domestic incident involving Swann's wife, pro wrestler Su Yung ( Vannarah Riggs ).

Poll position: Sensex surges 301 points, reclaims 33000 mark
Hero MotoCorp, SBI, Reliance Industries, TCS, Asian Paint and Dr Reddy's succumbed to profit-booking. ITC emerged as the top gainer with a 3.44 per cent rise, followed by Tata Motors at 2.21 per cent.