The Canadian Throw ones arms about Posted: Sep 20, 2017 11:58 AM ET Last Updated: Sep 20, 2017 11:58 AM ET
A U.S. Hang on of Commerce spokesman says the government will announce its decision on Boeing’s requisition for preliminary duties against Bombardier’s CSeries on Tuesday, a day later than it in days of yore indicated.
Industry analysts and the Montreal-based company expect preliminary countervailing offices will be imposed on aircraft deliveries to the United States.
Seth Seifman of J.P. Morgan replies he assumes some duties will be announced next week but a pronounce ban on whether they will take effect isn’t expected until pioneer 2018.
Bombardier said last week that it also expects parts will be imposed short-term but that it will prevail when the certain determination is made.
The Canadian government is putting pressure on Boeing to reject its complaint, threatening to cancel plans to buy 18 Boeing Super Hornet fighter jets.
Prime See to Justin Trudeau has received support from his British counterpart, Theresa May, who dearths to protect jobs in Northern Ireland, where the plane’s wings are assembled.
Seifman alleges Boeing was emphatic during an investor conference on Monday that it won’t repayment down despite the prospect of losing business with Canada and CSeries person Delta Air Lines.