Global

Bombardier eyes Asian markets amid U.S. trade spat with Boeing

Bombardier eyes Asian markets amid U.S. trade spat with Boeing

An independent US trade body still has to rule on whether Boeing suffered any harm from Bombardier's tactics when the Canadian company won a big sale of 75 CSeries jets past year to Delta Air Lines Inc. and unsuccessfully bid to sell planes to United Continental Holdings Inc.

The Canadian firm, which employs 4,000 people in Belfast, has been slapped with a second preliminary levy of 80% on the exports of its planes to the United States, the Trump administration announced on Friday.

USA aerospace giant Boeing has alleged that Bombardier unfairly benefited from state subsidies allowing it to sell 75 CSeries aircraft at below cost to Delta Airlines.

The report said more than half of the materials Bombardier buys for the new CSeries plane come from USA suppliers, with the most spending in California, Connecticut, Illinois, Iowa and Kansas, the report said.

A final decision is due in February next year.

But whether or not Bombardier's jets will face import duties of 300 percent, Boeing may have lost a major sale in Canada. The department last week slapped a proposed 220% duty on aircraft imports including the CSeries after finding the Canadian company received unfair government subsidies. But Delta has said Boeing did not even make the 100-seat jets it needed.

Canada has threatened to cancel its planned purchase of 18 Super Hornets from Boeing, while the British government fears job losses at Bombardier's plant in Northern Ireland.

The department began an antidumping investigation of Bombardier in response to a petition from Boeing, which has complained its rival dumped the planes at "absurdly low" prices.

More news: Attack on BSF camp near Srinagar global airport, 1 militant killed

U.S. commerce secretary Wilbur Ross said: "The United States is committed to free, fair and reciprocal trade with Canada, but this is not our idea of a properly functioning trading relationship".

A Bombardier union said it wasn't surprised by the new duty given the 48 per cent increase in the number of dumping allegations since the Trump administration took office.

"We will stand up and we will fight". The firm order for 75 aircraft had a list price of US$5.6 billion, although large orders typically secure large discounts.

The United States department of commerce has again ruled in favour of US-based airline manufacturer Boeing in a dispute with rival Bombardier.

Siphengphet added that the CSeries would generate $30 billion for United States suppliers and support 22,700 U.S. jobs.

The focus on Asia comes at a time when Bombardier is locked in an acrimonious trade spat with USA rival Boeing.

The subsidy row arose after Northern Ireland's powersharing administration and the UK Government pledged to invest nearly £135 million (€150 million) in the establishment of the C-Series manufacturing site in Belfast.

Canadian Prime Minister Justin Trudeau is scheduled to meet with US President Donald Trump on Wednesday.


  • Trump Administration Rolls Back Rules Mandating Free Birth Control Coverage For Women

    Trump Administration Rolls Back Rules Mandating Free Birth Control Coverage For Women

    They argue this new interim rule is unconstitutional, violating the Establish Clause and the Equal Protection. That and being incomprehensible, dangerously dumb, and infuriatingly the President at all times .
    Turkey Sees Sharp Increase In Oil From Iran, While Iraq's Share Drops

    Turkey Sees Sharp Increase In Oil From Iran, While Iraq's Share Drops

    Russian President Vladimir Putin said on October 4 that Moscow would not interfere in the Kurdish referendum issue. Mr Erdogan said on Saturday that Iraqi Kurdistan "will pay a price" for the "unacceptable" referendum.
    Renewables To Account for a Third of Global Power Generation in 2022

    Renewables To Account for a Third of Global Power Generation in 2022

    By the end of 2016, China had increased its solar PV capacity by almost 800 times, with more than 77 gigawatts now installed. Despite policy uncertainty, the U.S remains the second-largest growth market for renewables, the report said.
  • Pulisic stars as United States of America  boosts World Cup hopes

    Pulisic stars as United States of America boosts World Cup hopes

    Their defenders have a reputation for hacking, and their attackers have a reputation for flopping. The United States stretched the lead to three shortly before halftime from the penalty spot.
    Looks like Street Fighter V: Arcade Edition is Coming in January

    Looks like Street Fighter V: Arcade Edition is Coming in January

    If they complete all four challenges every month then they will receive a special premium costume that's exclusive to this mode. True to its name, Arcade Mode is coming to Street Fighter V: Arcade Edition andwill be an experience ripe with nostalgia.
    WWE SmackDown Live 10/3 recap

    WWE SmackDown Live 10/3 recap

    Owens then enforced his will on the heir to the McMahon legacy, brutally powerbombing Shane through a merch table. Nakamura was able to mount a comeback against Mahal, however, until The Singh Brothers joined in on the attack.
  • Las Vegas shooter booked hotel during Lollapalooza

    Las Vegas shooter booked hotel during Lollapalooza

    According to the Chicago Tribune , he booked rooms in the Blackstone Hotel that offered a clear view of the festival. He later booked a second room for August 3 through August 6, the same days as Lollapalooza in Grant Park.
    AAA: Tech In Your Car Is Distracting You

    AAA: Tech In Your Car Is Distracting You

    The study also found that using voice commands is more demanding than using the touch screen and buttons on a dashboard. The participants completed audio tests like listening to messages, sending talk-to-text messages and vocal navigation.
    U.S.  expels 15 diplomats from Cuban Embassy in Washington

    U.S. expels 15 diplomats from Cuban Embassy in Washington

    Marco Rubio, a Florida Republican and vocal critic of Castro's government, called it "the right decision" in a Twitter post. Embassy could be severely injured in Cuba and the Cuban government not know anything about it is ridiculous", he added.
  • Yankees vs. Indians ALDS Preview

    Yankees vs. Indians ALDS Preview

    With a rotation featuring Carlos Carrasco, Trevor Bauer and likely Cy Young victor Corey Kluber , the Indians don't have to be. The 6-foot-7 Miller was magnificent in last year's postseason, striking out 30 over 19 1/3 innings and winning ALCS MVP award.
    King's 'Historic' Visit to Moscow to Be Successful - Saudi Foreign Ministry

    King's 'Historic' Visit to Moscow to Be Successful - Saudi Foreign Ministry

    Russia's role grows, and this powerful country is ready to play Middle East mediator during King Salman's visit to Moscow . The royal entourage includes Saudi energy minister Khalid Al Falih, who will attend an investment forum in Moscow .
    Google Home Mini hands-on: Smaller, cheaper, subtler

    Google Home Mini hands-on: Smaller, cheaper, subtler

    The Google Home Mini and Home Max are two of the first products that are announced at the Google Pixel 2 special launch event. It'll also fit in nicely with any other Home devices you have your environment, meaning multiroom audio potential.