Trump Warns Bombardier Against Selling Jets in US Market
Summary
Donald Trump has warned that Bombardier may be barred from selling jets in the US unless it makes them in America, as Canada prepares $20 billion in retaliatory tariffs on American goods. The dispute has deepened amid escalating trade tensions between Washington and Ottawa.
Key Points
- Trump said Bombardier must produce its aircraft in America if it wants access to the US market.
- Canada is set to impose retaliatory tariffs worth about $20 billion on American goods starting Tuesday.
- The new Canadian measures would double tariffs on US steel and aluminum to 50 percent and add taxes on other goods.
- Trade tensions have intensified after breakdowns in talks, with Trump and Canadian Prime Minister Mark Carney exchanging threats and countermeasures.
