U.S. delays announcing second round of punishing duties on Bombardier CSeries
MONTREAL — The U.S. Department of Commerce says it is delaying its announcement on preliminary anti-dumping duties against Bombardier Inc. until Friday. The company is expected to face additional export duties on its CSeries commercial jet.
The decision follows last week’s move to impose nearly 220 per cent preliminary countervailing tariffs once deliveries to Delta Air Lines begin next year.
The Montreal-based transportation manufacturer (TSX:BBD.B) has said it wouldn’t be shocked if the U.S. piles on by announcing another “absurd” duty.
Colin Bole, Bombardier’s sales chief for commercial aircraft, said the company expects the second duty to be a “significant number” but one that also makes no sense.