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|    Message 89,827 of 90,757    |
|    brewnoser2@gmail.com to All    |
|    Bombardier's win will incense Trump    |
|    26 Jan 18 14:48:36    |
      . . . . and his irrationality will make him file for the end of NAFTA.              Heaven knows NAFTA was in need of some major "renegotiating" (see Chretien)       and if some think this will be the end of Canada's strong economy, think       again. It should be the start of some major protectionism terms in any trade       agreement with any country -        and that includes the TPP.               Trudeau has a long way to go in touting "free trade" deals. And a long way to       go in explaining why he keeps propping up Bombardier with our tax dollars       while the CEOs at Bombardier continue to get obscene bonuses.       __________________________       CBC News Posted: Jan 26, 2018 5:02 PM ET              Bombardier wins bid to overturn 292% tariffs at U.S. trade body              U.S. International Trade Commission says C Series planes do not harm U.S.       industry, Delta welcomes decision                     Bombardier Inc. has won its fight against almost 300 per cent duties applied       to U.S. imports of its C Series aircraft.              The U.S. International Trade Commission in Washington, D.C., ruled Friday that       "100- to 150-seat large civil aircraft from Canada do not injure U.S.       industry."              Boeing had claimed it stood to suffer harm by the planes, even though aircraft       destined for U.S. customers are now slated to come from a new assembly line       near the Airbus facility in Mobile, Ala.               'Reason prevails': Quebec celebrates as Bombardier dodges sky-high U.S.       tariffs               U.S. hits Bombardier with almost 80% preliminary duty on CSeries aircraft              Montreal-based Bombardier needed to win support from three of four       commissioners to put a stop to the punitive tariffs placed on its C Series       aircraft, but the decision was unanimous.       Victory for Canada and Bombardier              It's a victory for Canada as well as Bombardier and should "put some wind in       the sails" of current NAFTA negotiations, said Karl Moore, an associate       professor of the Desautels Faculty of Management at McGill University in       Montreal.              It's "a great, almost stunning victory for Bombardier, given some of the       comments of the Trump administration and some other people, but it strikes me       as a very sound decision," he told CBC News.              "When you look at it as an industry analyst, this seems to be the right       decision — that Boeing was not hurt by the C Series and Delta's decision to       buy it, particularly in light of Airbus's taking over the ownership of C       Series and building it in        Alabama."              Boeing launched the trade case last April, arguing that governments in Canada       and Britain subsidized the plane's development and allowed Bombardier to sell       it at unfairly low prices.              The Department of Commerce imposed anti-dumping and countervailing duties       totalling 292.21 per cent.              The lone U.S. customer, Delta Air Lines Inc., was originally expected to       receive the first of its firm order for 75 CS100 planes in the spring, but now       plans to wait until the aircraft are assembled in the United States.              In a final submission to the USITC, Bombardier said it expects Boeing will       likely respond by filing a new petition once there is a new U.S. order for the       C Series because it doesn't believe the Alabama line will be built.       Still under threat              Bombardier said the threat of a new petition makes its proposed partnership       with Airbus to build a U.S. full assembly line a must, regardless of how the       case is resolved.              Moore said Boeing still has the potential to use legal wrangling to further       discourage sales of the C Series, but he expects the global giant will be       content to grab the lion's share of the marketplace.              Bombardier called the decision "a victory for innovation, competition and the       rule of law."              The U.S. ITC "saw through Boeing's games," Olivier Marcil, vice-president of       external relations at Bombardier, said Friday in Montreal, adding that Boeing       does not have an aircraft that competes in the same sector of the market as C       Series.              He hailed the efficiency and innovative qualities of the C Series, but said it       is necessary to move ahead on its "strategic partnership" with Airbus. After       the threat of duties was removed, the company can build sales of the aircraft,       he added.              Delta Air Lines said it was pleased with the ruling and called the Boeing       complaint an "attempt to deny U.S. airlines and the U.S. travelling public"       access to the Bombardier C Series.              Unifor leader Jerry Dias hailed the ruling on behalf of Canadian workers, but       said it "leaves a lot of unanswered questions, because of course Bombardier       turned over the C series to Airbus to a large extent."              "There's absolutely no reason now for the C Series to be built in Mobile,       Alabama," he argued, adding that half the C Series-related jobs are already in       the U.S.                      http://www.cbc.ca/news/business/bombardier-boeing-tariffs-1.4505114              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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