Boeing has seen a 93% increase in their stock this year. Perhaps in part to the of the lobbying that has taken place in Washington. Boeing’s competition, Bombardier, was found to have received improper subsidies from national and provincial governments in Canada in order to undercut Boeing prices and to win business, for which the Interior Trade Admission (ITA) recommended a 219.63% penalty.
Gina Sanchez, CEO of Chantico Global, says that the International Trade Commission, a quasi-judicial U.S. government agency, will not make it’s final ruling on tariffs, including a secondary tariff of potentially 80% on the import of each airliner, until early February 2018.
Listen in to see if she thinks this could ultimately touch of a three country trade war between the Untied States, Canada and the United Kingdom.