U.S. decision on Bombardier CSeries preliminary duties delayed until Tuesday

0

The Canadian Bustle Posted: Sep 20, 2017 11:58 AM ET Last Updated: Sep 20, 2017 11:58 AM ET

A U.S. Sphere of influence of Commerce spokesman says the government will announce its decision on Boeing’s call for preliminary duties against Bombardier’s CSeries on Tuesday, a day later than it in the old days indicated.

Industry analysts and the Montreal-based company expect preliminary countervailing stints will be imposed on aircraft deliveries to the United States.

Seth Seifman of J.P. Morgan says he arrogates some duties will be announced next week but a ruling on whether they bequeath take effect isn’t expected until early 2018.

Bombardier said in week that it also expects duties will be imposed short-term but that it wish prevail when the final determination is made.

The Canadian government is deprecating pressure on Boeing to drop its complaint, threatening to cancel plans to buy 18 Boeing Wonderful Hornet fighter jets.

Prime Minister Justin Trudeau has received stand by from his British counterpart, Theresa May, who wants to protect jobs in Northern Ireland, where the flat’s wings are assembled.

Seifman says Boeing was emphatic during an investor bull session on Monday that it won’t back down despite the prospect of losing affair with Canada and CSeries customer Delta Air Lines.

Leave a Reply

Your email address will not be published. Required fields are marked *