U.S. commerce chief hails robust system after Bombardier decision
U.S. commerce chief hails robust system after Bombardier decision
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.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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