Bombardier wins trade case in US, overturning decision to impose 292% tariffs on imports.

Link to tweet

Putin's buddy Wilbur Ross lost a round; ITC has overturned his tariff on Bombardier.

Bombardier has won a trade case in the United States, overturning a decision to impose damaging tariffs on imports of its C-Series aircraft.

The UK government had suspected that the aerospace and transportation company would lose. Unions had feared sales and UK jobs would be hit.

But in a surprise ruling, the US International Trade Commission (ITC) rejected a complaint brought by Boeing.

The ITC voted 4-0 in favour of Bombardier.

It means tariffs of 292% will not now be imposed on orders of C-Series planes by American carriers.