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US slaps steep duties on Bombardier jets

Imposes 220% duty; UK warns Boeing it might lose business over the row

US slaps steep duties on Bombardier jets
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Agencies
The US Commerce Department on Tuesday slapped preliminary anti-subsidy duties on Bombardier’s CSeries jets after rival Boeing accused Canada of unfairly subsidising the aircraft, a move likely to strain trade relations between the neighbours.

The department said it imposed a steep 219.63 per cent countervailing duty on Bombardier’s new commercial jets after it made a preliminary finding of subsidisation. Boeing has complained that 110-to-130 seat aircraft were dumped below cost in the US market last year while benefiting from unfair subsidies.

Britain told US planemaker Boeing on Wednesday that it could lose out on British defence contracts because of its dispute with