Latinnews Daily - 02 October 2017

Brazil: On 26 September, the news agency Reuters reported that the Brazilian aircraft manufacturer Embraer SA had welcomed a decision by the US Department of Commerce announced the same day to slap preliminary anti-subsidy duties of 220% on CSeries jets made by Canada’s Bombardier Inc after US rival Boeing Co claimed the aircraft were unfairly subsidised by Canada. An emailed statement, cited by Reuters, claims that the US decision reinforces Brazil’s argument before the World Trade Organization (WTO) that Bombardier’s subsidies violate Canada’s trade obligations. A statement by the US Commerce Department cites US Secretary of Commerce Wilbur Ross as announcing the affirmative preliminary determination in the countervailing duty (CVD) investigation of 100- to 150-seat large civil aircraft from Canada, finding that exporters of this merchandise received countervailable subsidies of 219.63%. It notes that the Commerce Department will instruct US Customs and Border Protection to collect cash deposits from importers of 100- to 150-seat large civil aircraft based on these preliminary rates. The WTO has since accepted Brazil’s request to investigate Bombardier.

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