US confirms punitive tariffs of nearly 300% on Bombardier planes

US confirms punitive tariffs of nearly 300% on Bombardier planesThe US Commerce Department on Wednesday confirmed its decision to impose punitive tariffs of nearly 300 percent on airplanes manufactured by Canada’s Bombardier in a trade dispute that has inflamed relations with Ottawa. The ruling affirms a preliminary finding that Bombardier received unfair subsidies from the Canadian government that allowed it to sell planes at below the cost of production, and compete unfairly with American aerospace giant Boeing, which lodged the complaint. Boeing filed the case against its Canadian rival after Delta Air Lines ordered 75 of the C-Series planes that can seat 100-150 passengers.



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