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Canadian, U.S. governments test claims in Boeing-CSeries hearings [Business News Network (BNN) Energy & Resources (Canada)]

BOEING (BA)  More Company Research Source: Business News Network
Last boeing earnings: 4/25 07:30 am Check Earnings Report
PDF Canadian, U.S. governments test claims in Boeing-CSeries hearings WASHINGTON -- The Canadian and British governments appeared before a U.S. tribunal Monday arguing against the imposition of duties on Bombardier planes, in a hearing highlighting the more aggressive use of trade remedies in Donald Trump's America. Canada's ambassador to Washington said potential duties of up to 300 per cent on Bombardier's C-Series jet are illegitimate as he urged the U.S. International Trade Commission to cancel them in its final impending determination. First, David MacNaughton said the case that imports of the Bombardier jet would cause material injury to rival Boeing is based on speculation and conjecture -- prohibited not only under U.S. law but also by World Trade Organization rules. Moreover, he told the commission there's no evidence Bombardier planes will be exported to the U.S.; that the C-Series does not compete with Boeing aircraft; that Boeing has a seven-year backlog in sales, invalidating [Read more]

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