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U.S. Finalizes Duties of 292% Against Bombardier C Series Aircraft

(Canadian Press)

The U.S. Department of Commerce has slightly lowered the massive duties it plans to impose on imports of Bombardier C Series commercial jets.

In its final determination released Wednesday, the department said it will impose duties of 292.21 per cent, down from 299.45 per cent set in the preliminary phase.

The change was caused by a reduction in the countervailing duty to 212.39 per cent, while the anti-dumping duty remains at 79.82 per cent.

Bombardier said it was "deeply disappointed" with the Commerce Department’s decision. Click here to read more.