Manufacturing NI Statement on Bombardier Ruling
Manufacturing NI Statement on the Commerce Department Ruling on Bombardier and its impact on Northern Ireland:
The Commerce Department decision is, in our view, nonsense. They’ve ruled to put a punitive tariff on an aircraft which doesn’t compete against the complainant and one which has a large US manufactured input; from engines, to electronics to seating. There is no injury to Boeing or to US workers. This is simply an opportunistic punt and protectionism but it is workers in and across NI who could be suffering.
All the support for Bombardier in NI has required prior EU State Aid Approval. What we could be witnessing is the fundamental difference between being a fully-fledged member of an internal market and a junior partner in a free trade agreement. This does not bode well for the UK’s plan to be a leader in global free trade nor indeed ambitions of a free trade agreement with the EU which cannot match the benefit we currently enjoy as part of the EU’s Single Market.
The implications from this ruling could be severely felt by NI firms looking to access not only the US but in the future, the EU Single Market.