Bom­bardier set for 300% duty on plane ex­ports to US

Irish Sunday Mirror - - NEWS - BY MIR­ROR RE­PORTER

Plane fac­tory BOM­BARDIER is fac­ing a pro­posed 300% duty on its plane ex­ports to Amer­ica.

The com­pany is one of the North’s largest em­ploy­ers, with more than 4,000 peo­ple work­ing at its fac­tory in Belfast.

The Cana­dian-owned multi­na­tional is al­ready fac­ing a 220% tar­iff and an ad­di­tional 80% levy has been put on.

US commerce sec­re­tary Wil­bur Ross said: “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.

“We will con­tinue to ver­ify the ac­cu­racy of this de­ci­sion, while do­ing ev­ery­thing in our power to stand up for Amer­i­can com­pa­nies and their work­ers.”

The US Gov­ern­ment said it was prompted to in­ter­vene by con­cern to pre­vent “in­ju­ri­ous dump­ing” of im­ports into the coun­try, “es­tab­lish­ing an op­por­tu­nity to com­pete on a level play­ing field”, RTE re­ported.

Dump­ing is the term for ex­port­ing the prod­uct at a lower price.

CON­CERN

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