New story in Business from Time: Boeing Just Lost a Major Trade Dispute with Canadian Rival Bombardier
(WASHINGTON) — The U.S. International Trade Commission says competition from Canadian aircraft manufacturer Bombardier did not harm Boeing, a big defeat for the U.S. aircraft giant. The unanimous decision effectively blocks the Commerce Department’s plans to slap 292 percent tariffs on Bombardier. Commerce ruled last year that the Canadian firm had unfairly received government subsidies …