4,000 British jobs are put at threat as US imposes massive 220% tariff on export of 125 jets after Boeing wins first round of international trade row
‘One of Northern Ireland’s largest employers faces paying a huge 220 per cent tariff on its exports of planes to the US after losing the first stage of an international trade dispute.
Aerospace manufacturer Bombardier employs more than 4,000 at its Belfast factories and is due to begin delivering an order for up to 125 jets to Atlanta-based Delta Airlines next year.
But Bombardier, a Canadian-owned multinational, suffered a major blow on Tuesday night after a preliminary finding from the US Department of Commerce imposed an intermediary tariff of 219.63 per cent.
Rival Boeing claimed it received unfair state subsidies from the UK and Canada, allowing the sale of airliners at below cost prices in the US.’
Read more: 4,000 British jobs are put at threat as US imposes massive 220% tariff on export of 125 jets after Boeing wins first round of international trade row
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