Trump threatens to stop sale of Canadian Bombardier jets in US
President Donald Trump has threatened to block the sale of Canadian aircraft maker Bombardier's jets in the United States unless the company manufactures its planes domestically. Trump called for a boycott and a ban on the aerospace giant, asserting that the company must build in the US to maintain market access. The move follows claims that over 50% of Bombardier's revenue originates from the US. In response to these threats, Bombardier shares have tumbled and Canada has implemented retaliatory tariffs.
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- ✓ Donald Trump threatened to ban the sale of Bombardier jets in the US unless the company builds planes there.
- ✓ Bombardier stock prices fell following the threats.
- ✓ Canada has put retaliatory tariffs into effect.
- ✓ Trump stated that more than 50% of Bombardier's revenue comes from the United States.
What changed
Trump issued a demand for US-based manufacturing to avoid a total market ban, triggering a drop in Bombardier stock and Canadian retaliatory tariffs.
Live updates
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Trump threatens to ban Bombardier jet sales unless company builds in US
President Donald Trump has threatened to block the sale of Canadian aircraft maker Bombardier's jets in the United States unless the company manufactures its planes domestically. Trump called for a boycott and a ban on the aerospace giant, asserting that the company must build in the US to maintain market access. The move follows claims that over 50% of Bombardier's revenue originates from the US. In response to these threats, Bombardier shares have tumbled and Canada has implemented retaliatory tariffs.
Why it matters
Bombardier has an extensive US footprint with thousands of aircraft currently operating in domestic airline fleets. The conflict occurs amid rising tensions between North American partners. A GOP senator has already expressed pushback against the proposed ban.
What is confirmed
- Donald Trump threatened to ban the sale of Bombardier jets in the US unless the company builds planes there.
- Bombardier stock prices fell following the threats.
- Canada has put retaliatory tariffs into effect.
- Trump stated that more than 50% of Bombardier's revenue comes from the United States.
Still unconfirmed
- A GOP senator is pushing back against the proposed plane ban.
- This is the second potential move by the US leader against the manufacturer this year.
What to watch next
- Response from Bombardier leadership regarding US manufacturing plans
- Legislative or executive action to formalize the ban
- Further Canadian trade retaliation beyond the current tariffs
confidence 100%Sources used for this update (14)
- Fox Business — Trump targets Bombardier, says Canadian jetmaker 'must build' in the US
- CNBC — Trump says Bombardier can't sell in U.S. unless Canada aerospace giant builds there
- Reuters — Trump says Canada's Bombardier cannot sell in US unless it builds there
- BBC — Trump threatens to stop sale of Canadian Bombardier jets in US
- Financial Times — Donald Trump calls for US boycott of Canada’s Bombardier jets
- CNBC — CNBC Daily Open: Rising tensions — from North America to the Middle East
- NBC News — Trump calls for a Bombardier plane ban, drawing pushback from a GOP senator
- France 24 — Trump threatens to ban Canadian Bombardier jets from US market
- CNN — Canada’s retaliatory tariffs take effect as Trump threatens to ban Bombardier jet sales in US | CNN Business
- Business Insider — Trump Said He'll Stop Canada's Bombardier From Being Sold in the US
- www.rttnews.com — Trump Threatens To Ban Bombardier Jet Sales In US
- www.baltimoresun.com — Trump threatens Canadian jetmaker Bombardier, which has an extensive US footprint
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