The US Commerce Department on Tuesday slapped preliminary anti-subsidy duties on Bombardier Inc’s CSeries jets after rival Boeing Co-accused Canada of unfairly subsidising the aircraft, a move likely to strain trade relations between the neighbours. An April 2016 order for 75 CSeries jets from Delta Air Lines stemmed from the same harmful sales practices European rival Airbus SE employed to win business in the 1990s, according to Boeing. A source familiar with the Canadian government’s thinking said the Boeing trade dispute was “separate” from the NAFTA talks. Canada’s Foreign Affairs Minister Chrystia Freeland said Bombardier CSeries components are supplied by American companies that support almost 23,000 jobs in US states, including Connecticut, Florida and New Jersey. Bombardier stock has fallen about 15% over the past month on uncertainty around the duties and a rail venture.

Source: Dhaka Tribune September 27, 2017 02:26 UTC