US Isolationism Takes Flight to Ground Bombardier
The USA, keen to enact an 鈥渁ggressive defence of US trade remedies laws鈥, attacks Canadian aerospace firm Bombardier 鈥 landing a direct blow to both of its closest allies.
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The USA, keen to enact an 鈥渁ggressive defence of US trade remedies laws鈥, attacks Canadian aerospace firm Bombardier 鈥 landing a direct blow to both of its closest allies.
Boeing is trapped between a groundswell of 鈥淎merica-first鈥 manufacturing sentiment at home, and a fiercely competitive environment in China鈥攊ts largest growth market for commercial jets. How the aerospace juggernaut handles this politically charged opportunity will determine the company鈥檚 growth prospects […]
The United States is at extreme risk from a global trade war due to its heavy Boeing exposure. Boeing planes are front-and-center targets in a contentious debate over protectionism.
In response to Boeing's complaint that Bombardier sold 75 of its CS100 aircraft to Delta Airlines at a price well below cost, the U.S. Department of Commerce added a 300% import tariff to the aircraft. In addition to appealing the decision, Bombardier's strategy had to change.
In a protectionist political environment, Boeing must adjust its tactics in civil aviation after Bombardier and Airbus outmaneuvered it by forcing it to choose between opposing American jobs and accepting increased foreign competition.
Bombardier's aim for the stars foiled by its inability to set up equally ambitious operating standards