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US finalizes 300% duties in Bombardier jets dispute

The U.S. Department of Commerce finalized its decision to impose anti-dumping duties and countervailing duties of 292.21% on Bombardier Inc.'s 100- to 150-seat civilian aircraft from Canada.

The duties were imposed as a result of a complaint by Boeing Co. in April that Bombardier received unfair subsidies from the Canadian government which enabled the company to sell its aircraft in the U.S. at artificially low prices. The department found that 100- to 150-seat large aircraft were sold in the United States at 79.82% less than fair value and that the Canadian government provided unfair subsidies at a rate of 212.39%.

In a statement, the agency said it will instruct U.S. Customs and Border Protection to collect cash deposits from importers based on the final rates following the agency's decision.

The dispute now moves to the U.S. International Trade Commission, which will decide whether Boeing was harmed by Bombardier's alleged conduct.

"This decision is based on a full and unbiased review of the facts in an open and transparent process," said U.S. Secretary of Commerce Wilbur Ross, adding that "the United States is committed to a free, fair, and reciprocal trade and will always stand up for American workers and companies being harmed by unfair imports."

In its preliminary decisions, Commerce previously imposed preliminary countervailing duties of 219.63% and anti-dumping duties of 79.82% on Bombardier's civil aircraft imports.