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U.S. commerce chief hails 'robust' system after Bombardier decision

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Reuters WASHINGTON
Last Updated : Jan 27 2018 | 5:40 AM IST

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Friday a decision by the U.S. International Trade Commission dismissing a trade complaint by Boeing Co against Canada's Bombardier Inc "shows how robust our system of checks and balances is."

The ITC's commissioners earlier on Friday voted 4-0 that Bombardier's prices did not harm Boeing and discarded a U.S. Commerce Department recommendation to slap a near 300-percent duty on sales of the company's 110-to-130-seat CSeries jets for five years.

(Reporting by Mohammad Zargham; Writing by Eric Walsh; Editing by James Dalgleish)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 27 2018 | 5:28 AM IST

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