Thursday, 17 October, 2019

Canadian Plane Company Bombardier Wins Trade Fight With Boeing

Canadian Plane Company Bombardier Wins Trade Fight With Boeing Canadian Plane Company Bombardier Wins Trade Fight With Boeing
Russell Knight | 27 January, 2018, 15:07

NAFTA's Chapter 19 dispute resolution mechanism means Canada can get a panel made up of American and Canadian trade experts to decide if the duties follow US trade law, rather than going through the USA court system.

"I think that's a central part of why it's a four-zero decision", he said.

The Trump administration has repeatedly clashed with Canada over trade, including Canadian softwood lumber imports.

The Boeing-Bombardier trade dispute has cast a shadow over the ongoing North American Free Trade Agreement (NAFTA) modernization talks, which entered its sixth round this week in Montreal. "S. small single-aisle airplane market".

There appear to be two things in Bombardier's favour.

The ITC commissioners, who are appointed for nine-year terms created to insulate them from political influence, preside over a fact-heavy, technocratic process. The tariffs will not be imposed.

"He's got an independent hand on all of those", said Edward Alden, a trade policy expert at the Council on Foreign Relations.

The trade panel members do not provide an immediate explanation for their votes.

The aircraft manufacturer Bombardier has won a U.S. trade dispute, in a surprise development that is likely to help protect thousands of jobs in Northern Ireland.

In documents filed to the USITC on Wednesday, Bombardier itself said its rival would likely respond to a loss with new bids to have the USA government impose fresh duties.

Immediately following the ruling Airbus tweeted: "We are happy to see that the ITC concurred with our views".

Bombardier also agreed to help fund a second assembly line for the jets in Mobile, where Airbus manufactures narrow-body planes.

Boeing had won a ruling in the U.S. that resulted in the imposition of the tariff on Bombardier's jets, which were built for a number of United States airlines.

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Injuries to domestic suppliers are considered separately from trade violations, and it is Boeing's claim of injury by the CSeries sale to Delta which led to the new ruling. Bombardier projects passenger jets carrying 100 to 150 passengers will generate about 6,000 orders globally over the next 20 years.

"Boeing's petition in this case is unprecedented in its overreach", Lichtenbaum told the commission.

Boeing's failure to prove the "threat of harm" is a major setback both for the company and the 737-700 and MAX 7 products. "There were a lot of things here that were pretty far outside the norm".

Late past year, Canadian officials made good on an earlier threat to cancel a proposed sale of F/A-18 Super Hornet fighter planes, dealing a blow to Boeing's defense contracting business.

If it concurs, the Secretary of Commerce will order tariffs, which will be enforced by the US Customs Service.

Boeing officials expressed "disappointment" with the ruling, while Bombardier applauded it.

Bombardier said the ITC decision was "a victory for innovation, competition, and the rule of law".

Business secretary Greg Clark added: "The decision by the International Trade Commission confirms what the United Kingdom and Canadian governments working hand in hand has maintained from the outset, that this case is unjustified".

The decision blocks United States government proposals to slap 292% tariffs on Bombardier C-Series passenger planes, which risked thousands of jobs in Northern Ireland where the jets' wings are made. Airbus's executives said that moving production in this way should allow them to avoid the tariff.

But Bombardier called Boeing's trade case self-serving after the US planemaker revealed on December 21 it was discussing a "potential combination" with Embraer.

"There is no joint venture". Boeing fell less than 1 per cent to $342.09.

Cost over-runs on the C-Series nearly bankrupted Bombardier.

Delta said it was looking forward to adding the Bombardier jet to its fleet.

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