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Twist in US-Canada trade relations: Boeing loses case in Bombardier dispute

The US International Trade Commission's unanimous decision is the latest twist in US-Canadian trade relations

Reuters  |  Montreal/Washington 

A US trade commission on Friday handed an unexpected victory to Bombardier Inc against Boeing Co , in a ruling that allows the Canadian company to sell its newest jets to U.S. airlines without heavy duties, sending Bombardier's shares up 15 percent. The US International Trade Commission's unanimous decision is the latest twist in U.S.-Canadian trade relations that have been complicated by disputes over tariffs on Canadian lumber and U.S. milk and President Donald Trump's desire to renegotiate or even abandon the North American Free Trade Agreement (NAFTA). Trump, who ...

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First Published: Sat, January 27 2018. 08:38 IST
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