Boeing faces challenge to prove harm from CSeries, says U.S. think tank
MONTREAL — Boeing Co. appears to face an uphill climb to prove to U.S. trade authorities that has been harmed by Bombardier’s CSeries commercial jet given that the world’s largest aircraft maker is running full out and earning big profits, a trade expert with the Cato Institute said Thursday.
The U.S. Department of Commerce recently announced nearly 300 per cent in preliminary tariffs and dumping duties on CSeries aircraft exported to the United States. The rate could be lowered in a final determination in December.
The future of Boeing’s case largely rests with the U.S. International Trade Commission, which is scheduled to determine in February if the aerospace giant suffered harm.
“If the evidence doesn’t show that Boeing was injured by this, then the whole case disappears,” said Simon Lester, a trade policy analyst for the Washington-based independent research organization the Cato Institute.