January 27, 2018 / 12:04 AM / 4 months ago

U.S. commerce chief hails 'robust' system after Bombardier decision

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Friday a decision by the U.S. International Trade Commission dismissing a trade complaint by Boeing Co against Canada’s Bombardier Inc “shows how robust our system of checks and balances is.”

Wilbur L. Ross, U.S. Secretary of Commerce, attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 24, 2018. REUTERS/Denis Balibouse

The ITC’s commissioners earlier on Friday voted 4-0 that Bombardier’s prices did not harm Boeing and discarded a U.S. Commerce Department recommendation to slap a near 300-percent duty on sales of the company’s 110-to-130-seat CSeries jets for five years.

Reporting by Mohammad Zargham; Writing by Eric Walsh; Editing by James Dalgleish

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