U.S. Tariffs On Bombardier CSeries Reach 300%

The U.S. Commerce Department has hit Bombardier with more tariffs, bringing the total tariff on the CSeries to almost 300%.

Bombardier had already been hit with tariffs of 220%, before the U.S. Commerce Department led by Wilbur Ross added 80% in anti-dumping duties.

Bombardier was not happy with the decision:

“It represents an egregious overreach and misapplication of the U.S. trade laws in an apparent attempt to block the CSeries aircraft from entering the U.S. market.”

The company says Boeing wouldn’t have passed the test being imposed on Bombardier.

“This hypocrisy is appalling, and it should be deeply troubling to any importer of large, complex, and highly engineered products,” said Bombardier in a statement.

Wilbur Ross says the decision is being verified for “accuracy.”

“We will continue to verify the accuracy of this decision, while (doing) everything in our power to stand up for American companies and their workers,” said Ross.

Many believe the decision – and all the tariffs – could be eliminated when the U.S. International Trade Commission (generally seen as more opposed to tariffs), reviews the decision. If the ITC takes the position that Boeing was not damaged by Bombardier’s supposed subsidies, the tariffs will not be applied.

Spencer Fernando

[widget id="top-posts-5"]