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UK and Canada React Angrily to US Tariffs on Bombardier

UK and Canada React Angrily to US Tariffs on Bombardier

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The US Department of Commerce imposed preliminary tariffs of up to 219 per cent after Boeing alleged the Canadian aircraft maker had been able to sell its regional C Series jets at below cost in the US because of subsidies from the UK and Canadian governments. Theresa May, the British prime minister, said her government was “bitterly disappointed” by the ruling. Chrystia Freeland, Canada’s foreign affairs minister, called the decision “unjust” and said the duty proposed by the US was “clearly aimed at eliminating” the narrow-body jets from the US market.”

The tariffs have raised concerns over jobs in Canada and the UK. Montreal-based Bombardier is Northern Ireland’s biggest employer, with more than 4,000 workers at its east-Belfast plant. Ms Freeland pointed out that almost 23,000 Americans are also employed by companies supplying components of the C Series. Both governments have vowed to contest the ruling, which could be reversed by the US International Trade Commission next year. (FT, Global News, Guardian, Reuters, Bloomberg).