United Kingdom warns Boeing over Bombardier trade row

Canadian aerospace firm Bombardier jobs at risk in trade dispute with Boeing

But Boeing claims Bombardier's subsidies from the United Kingdom and Canada allow them to sell airliners at below cost prices in the U.S. and it had to speak out now.

Freeland also warned that United States parts suppliers for the CSeries aircraft, which employ 23,000 Americans, and their jobs could be at risk because of Boeing's petition.

"There hasn't been because this aircraft does not compete with Boeing so we're confident that we will be able to demonstrate that and have this case dismissed".

"We have heard and understand the concerns from the Prime Minister and the Government about Bombardier workers in Northern Ireland", the statement said.

It's also extremely rich for Boeing to moan about government aid to a small competitor when it has benefited from decades of lavish support from the US defence department.

On 26 September, the US Secretary of Commerce, Wilbur Ross, announced the preliminary determination in a countervailing duty investigation into 100- to 150-seat large civil aircraft from Canada.

A US decision to slap steep anti-subsidy duties on Bombardier Inc (BBDb.TO) jets should bolster Brazil's case against Canadian subsidies at the World Trade Organization, the chief executive of Brazilian planemaker Embraer SA (EMBR3.SA) said on Wednesday.

Bombardier is now in talks with three Chinese airlines to sell the CSeries, and it's widely hoped that deals will be announced in October when Prime Minister Justin Trudeau visits China.

Читайте также: Varanasi University (BHU) Goofed Up, Say Police In Early Report On Violence

The United States has imposed a 220 percent tariff on the Canadian aircraft maker after Boeing complained it was selling jets below cost on the USA market.

"Finally, if Boeing's legal tactic is successful in breaking Bombardier's back by blocking the USA market - which accounts for an estimated 35 per cent of potential C Series sales - then it could be all for nothing".

Theresa May said she was "bitterly disappointed" at the Bombardier decision.

"Without bailout money from Ottawa and the Quebec provincial government [Bombardier] would probably be bankrupt", said Loren Thompson, a defense consultant whose think tank gets funding from Boeing.

The UK-US "special relationship" has been rattled - a once treasured partnership shown to be a one-way street, with America first, of course.

Boeing's complaint against Bombardier drew a backlash even before Tuesday's decision. About 1,000 jobs at the Belfast plant that are directly linked to the production of the C-Series wing could be lost, officials say. Then the International Trade Commission - an independent federal agency that rules on trade cases - will decide early next year whether to uphold Commerce's duties.

So the USA imposition of a 220 percent countervailing duty on a major Canadian manufacturer, following an investigation into state subsidies sparked by a Boeing complaint, drew strong criticism.

In a tweet, she said: "The Government will continue to work with the company to protect vital jobs for Northern Ireland".

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2017 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог

Related:

Comments