New Delhi, Jan 27 (ANI): The International Trade Commission rejected the U.S. Commerce Department’s recommendation to slap Bombardier’s CSeries with 300-percent duty on sales to American carriers. Aleksandra Michalska reports. Canada’s planemaker Bombardier won a trade dispute with its U.S. rival Boeing. Last year, Boeing accused Bombardier of selling the CSeries planes below cost in the U.S. As a result, the U.S. Commerce Department recommended a 300 percent duty on Bombardier’s jets. But the decisive body – the U.S. International Trade Commission – just voted 4-0 in favor of Bombardier. Bombardier’s stock rose on the news. Boeing said it’s disappointed by the ITC decision, and it will continue to document Bombardier’s presence in the U.S. market.
- Next story Here’s all you need to know about the new integrated terminal building of LGBI Airport
- Previous story India-made BMW G 310 GS more expensive than G310R