President Donald Trump has threatened to decertify all Canadian-made aircraft, specifically targeting Bombardier, over Canada’s refusal to certify Gulfstream jets, intensifying tensions between the U.S. and Canada.
The President announced a staggering 50% tariff on Canadian aircraft sold in the U.S. as part of his retaliatory measures against perceived unfair trade practices.
Canadian officials, including Prime Minister Mark Carney, expressed their commitment to resolving the issue, stating that the certification process for Gulfstream jets is actively underway.
Bombardier's stock experienced a sharp decline of 9% following Trump's announcement, signaling serious concerns within the aviation industry about the potential fallout.
Industry experts warn that Trump's actions could disrupt air travel and impact major U.S. airlines that depend heavily on Canadian-made planes, highlighting the fragile nature of cross-border economic ties.
The unfolding situation reflects a broader backdrop of trade wars and economic strategy, as Trump continues to leverage trade negotiations to assert U.S. interests on the global stage.
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