Bombardier 'has full backing of UK government but expected to lose US trade dispute with Boeing'
There is "no question" the UK government is not fully behind Bombardier but it expects to lose its US trade dispute with Boeing within the next few weeks.
The Northern Ireland Affairs Committee heard that there was “disappointment” that Prime Minister Theresa May has not spoken directly to US President Donald Trump since a massive 300% tax was imposed on sales of its jets to America.
The committee has also heard experts, including Paul Griffiths, head of aerospace hub, Department for Business, Energy & Industrial Strategy, will visit Belfast tomorrow to speak to the firm about the ongoing trade dispute with Boeing.
Speaking today, Richard Harrington MP, Parliamentary Under Secretary of State at the Department for Business, Energy and Industrial Strategy, said the trade tussle with Bombardier “will affect our relationships at all levels” with Boeing, which has “soured”.
He also said his “expectation is things will not be very different from what has already been determined”.
Bombardier is locked in a trade tussle with Boeing, which claims it's selling its C Series passenger planes at below cost, and has been unfairly subsidised by Canada's regional government in Quebec. The US Department of Commerce has since imposed a tariff of almost 300% on sales to America.
The US International Trade Commission (ITC) is set to give its final ruling later this month.
The committee also heard that the UK government is weighing up what appeal options it has, once the ITC makes its final determination this year.
Belfast Telegraph Digital