Bombardier hit with new 80% tariff on imports to US
Bombardier has been hit with a possible further 80% tariff on planes sold in the United States - throwing further doubt on the job security of its thousands of Northern Irish workers.
The Canadian manufacturer has been accused of 'dumping' - selling at a cut-price or below cost - of its C Series aircraft by rival airline Boeing.
This comes after a preliminary ruling last week by the US Department of Commerce imposed a 220% tariff on the jets after a complaint from Boeing that Bombardier had received State subsidies.
In theory, if both rulings are upheld it will mean a 300% tax for Bombardier.
A statement this evening from US Secretary of Commerce Wilbur Ross confirmed that it had decided in favour of a preliminary anti-dumping duty of 79.82%.
"The United States is committed to free, fair and reciprocal trade with Canada, but this is not our idea of a properly functioning trading relationship," said Secretary Ross.
"We will continue to verify the accuracy of this decision, while do everything in our power to stand up for American companies and their workers."
None of the C-Series jets have yet to be imported to the United States, but the action is being taken on the grounds that Bombardier had earlier announced it would be selling $5 billion worth of the jets to Delta Airlines.
Belfast Telegraph Digital