Theresa May threatens US with trade war over Bombardier row

Theresa May threatens US with trade war over Bombardier row CREDIT: AP

 

Theresa May has threatened a trade war with the US after it slapped punitive tariffs on British-built aircraft, casting doubt on a key plank of her Brexit strategy.

The US Department of Commerce decided Bombardier aircraft, built in Northern Ireland, should be subject to 219 per cent import duty after the American aviation giant Boeing complained that Bombardier had been given unfair state aid.

The Government responded by warning that Boeing’s behaviour “could jeopardise” future Ministry of Defence contracts for its aircraft such as Apache helicopters.

Hackers admit stealing data worth millions from Army, Microsoft, more

Two members of an international hacking ring pleaded guilty Tuesday for their roles in stealing $100 million worth of intellectual property and other data from the U.S. Army, Microsoft and several other technology companies, and two other people also have been indicted, the Department of Justice said.

“The members of this international hacking ring stole trade secret data used in high-tech American products, ranging from software that trains U.S. soldiers to fly Apache helicopters to Xbox games that entertain millions around the world,” Assistant Atty. Gen. Leslie R. Caldwell said in a statement.