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Canadian Plane Company Bombardier Wins Trade Fight With Boeing

A U.S. trade panel has thrown out accusations that Canadian subsidies to Bombardier unfairly hurt rival planemaker Boeing's business.

Canadian Plane Company Bombardier Wins Trade Fight With Boeing
Bombardier
SMS

Canadian plane company Bombardier has won its trade dispute with Boeing, after a surprise ruling from the U.S. International Trade Commission.

The case stemmed from Boeing's accusations that Canada was unfairly subsidizing Bombardier's C Series jets. Boeing said Bombardier's cheap planes ended up cutting into the U.S. market for similar Boeing planes.

Canada Agrees To Stay In Reworked Trans-Pacific Partnership
Canada Agrees To Stay In Reworked Trans-Pacific Partnership

Canada Agrees To Stay In Reworked Trans-Pacific Partnership

Canada announced it will stay in a revised version of the TPP a year after the U.S. withdrew from the deal.

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The victory means Bombardier won't have to pay a nearly 300 percent tariff on C Series planes it shipped to the U.S. That tariff could have been a serious friction point in an already fraying trade relationship between the U.S. and Canada.

Bombardier declared the ruling "a victory for innovation, competition, and the rule of law" in a statement, while Boeing vowed it will "not stand by as Bombardier's illegal business practices continue to harm American workers."