Bombardier just bested Boeing in a trade dispute between the U.S. and Canada. Here’s what you need to know. - News Summed Up

Bombardier just bested Boeing in a trade dispute between the U.S. and Canada. Here’s what you need to know.


The government agency, which can act against unfair trade practices, ruled that Boeing was not harmed by Bombardier’s prices. The disagreement centers on Bombardier’s C series — a new generation of airplanes more technologically advanced and fuel-efficient than its rivals. The C series also received backing from Canadian politicians who ponied up more than $1 billion in taxpayer funds to support the program. This meant that any U.S. airline buying the C series would pay a 300 percent penalty on each airplane purchased. The government of Quebec, for example, is heavily invested in the C series.


Source: Washington Post January 29, 2018 17:10 UTC



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