Zürcher Nachrichten - Trump threatens sales in US of Canadian aircraft maker Bombardier

EUR -
AED 4.270255
AFN 76.149893
ALL 92.252847
AMD 422.77059
ANG 2.080816
AOA 1066.111522
ARS 1757.606772
AUD 1.610265
AWG 2.095601
AZN 1.977221
BAM 1.958054
BBD 2.341605
BDT 142.88631
BGN 1.972209
BHD 0.438362
BIF 3476.198504
BMD 1.162608
BND 1.472101
BOB 14.503882
BRL 5.911628
BSD 1.162653
BTN 109.901918
BWP 15.608032
BYN 3.579836
BYR 22787.120626
BZD 2.338222
CAD 1.60283
CDF 2679.812093
CHF 0.940899
CLF 0.027232
CLP 1075.273055
CNY 7.80174
CNH 7.797479
COP 3624.60544
CRC 527.614106
CUC 1.162608
CUP 30.809117
CVE 110.738572
CZK 24.195621
DJF 206.618225
DKK 7.475686
DOP 68.303517
DZD 154.823366
EGP 59.314526
ERN 17.439123
ETB 187.354078
FJD 2.551348
FKP 0.858643
GBP 0.858877
GEL 3.031631
GGP 0.858643
GHS 13.282841
GIP 0.858643
GMD 85.451965
GNF 10204.791186
GTQ 8.875254
GYD 243.232059
HKD 9.116417
HNL 31.215943
HRK 7.535216
HTG 152.005617
HUF 363.563877
IDR 20454.928587
ILS 3.50209
IMP 0.858643
INR 110.273329
IQD 1523.59804
IRR 1598092.160025
ISK 140.431754
JEP 0.858643
JMD 184.632517
JOD 0.824264
JPY 179.024191
KES 150.552398
KGS 101.670368
KHR 4713.213396
KMF 492.945288
KPW 1046.347717
KRW 1558.848143
KWD 0.35906
KYD 0.968819
KZT 527.844374
LAK 26022.085402
LBP 104111.563793
LKR 382.261638
LRD 203.194813
LSL 18.601526
LTL 3.43288
LVL 0.70325
LYD 7.359266
MAD 10.904681
MDL 20.084204
MGA 5039.906718
MKD 61.6017
MMK 2440.886453
MNT 4182.557969
MOP 9.389948
MRU 46.586176
MUR 54.468211
MVR 17.962627
MWK 2019.450022
MXN 19.673073
MYR 4.722402
MZN 74.301996
NAD 18.601575
NGN 1537.22335
NIO 42.609359
NOK 10.726689
NPR 175.841154
NZD 1.985793
OMR 0.447032
PAB 1.162553
PEN 3.899969
PGK 5.146289
PHP 72.668827
PKR 322.681884
PLN 4.313451
PYG 6880.949762
QAR 4.237997
RON 5.25162
RSD 117.301337
RUB 99.814996
RWF 1710.196655
SAR 4.36623
SBD 9.293912
SCR 16.137808
SDG 699.308961
SEK 11.156296
SGD 1.470874
SHP 0.861337
SLE 28.601663
SLL 24379.311651
SOS 664.467679
SRD 44.088393
STD 24063.642345
STN 24.903068
SVC 10.172797
SYP 15116.231645
SZL 18.601574
THB 38.261259
TJS 10.754117
TMT 4.080755
TND 3.375016
TOP 2.799282
TRY 56.332666
TTD 7.876167
TWD 36.646547
TZS 3074.540889
UAH 51.742925
UGX 4400.083545
USD 1.162608
UYU 46.804074
UZS 13724.589567
VES 945.982259
VND 30201.073087
VUV 137.205548
WST 3.16007
XAF 656.715723
XAG 0.017679
XAU 0.000267
XCD 3.142007
XCG 2.095339
XDR 0.822024
XOF 656.292545
XPF 119.331742
YER 275.596783
ZAR 18.590682
ZMK 10464.866461
ZMW 22.409083
ZWL 374.359365
  • CMSC

    0.0100

    20.82

    +0.05%

  • NGG

    -0.0600

    78.06

    -0.08%

  • GSK

    -1.3500

    48.54

    -2.78%

  • BTI

    -0.2000

    55.15

    -0.36%

  • RIO

    0.5600

    103.83

    +0.54%

  • AZN

    -2.6600

    160.04

    -1.66%

  • BCC

    -2.3500

    76.86

    -3.06%

  • CMSD

    -0.0100

    20.68

    -0.05%

  • BCE

    -0.0200

    23.65

    -0.08%

  • RYCEF

    -0.2800

    19.84

    -1.41%

  • BP

    1.0700

    44.88

    +2.38%

  • JRI

    0.0600

    12.2

    +0.49%

  • RBGPF

    -1.7000

    68.3

    -2.49%

  • RELX

    -0.8100

    34.7

    -2.33%

  • VOD

    0.4100

    17.31

    +2.37%

Trump threatens sales in US of Canadian aircraft maker Bombardier
Trump threatens sales in US of Canadian aircraft maker Bombardier / Photo: Daniel SLIM - AFP

Trump threatens sales in US of Canadian aircraft maker Bombardier

President Donald Trump threatened Monday to block US sales of Canadian plane maker Bombardier unless it builds aircrafts in the country, complaining of "unjust and unfair" bilateral trade provisions as he escalates a tariff war.

Text size:

The angry social media post marks the second stunning potential move by the US leader this year against the manufacturer, which has thousands of its aircraft currently operating in US airlines' domestic fleets.

And it comes on the eve of Canada imposing retaliatory tariffs on a range of US goods beginning Tuesday.

"No more selling Bombardier in the United States!" Trump posted in all caps on his Truth Social platform, although he did not specify how he would achieve a sales halt.

"If they want our Market, they must build here, and stop treating America like a 'piggybank.'"

"Canada blocks our GREAT American Banks, and Companies" from doing business there, Trump added. "That Era is OVER!"

The US market accounts for more than half of Bombardier's revenue, Trump said.

Back in January, furious over what he said was Canada's refusal to grant certification to new models of US-made Gulfstream jets, the president threatened to decertify Bombardier planes in the United States and impose a 50-percent tariff on Canadian aircraft.

Those threats apparently were never carried out, but Trump said Canada quickly certified Gulfstream planes the following month because of his intervention.

Trump's social media post Monday signaled continued acrimony over Bombardier, amid a broiling bilateral tariff fight.

Even if Trump sought to follow through on his latest threat, it remained unclear how it would happen. The Federal Aviation Administration, not the White House, is the US agency that certifies or decertifies aircraft in the country.

Bombardier models remain US certified and the company is currently exempt from US tariffs. It did not immediately respond to a request for comment about Trump's post.

Last month, as trade negotiations collapsed, Trump slapped 50-percent tariffs on some $20 billion worth of Canadian products ranging from hockey sticks to cement.

Canada announced it is imposing retaliatory tariffs on a similar amount of US products beginning early Tuesday.

The duties of 15 percent, 25 percent and 50 percent will apply to imports from the United States covering steel and aluminum products as well as dairy goods like cheese.

Negotiations between the two sides broke down late last month after days of meetings in Washington, with Canadian Prime Minister Mark Carney saying he decided to suspend the trade talks.

At the time, Carney said the Trump administration's terms were ultimately unacceptable, and that US negotiators had introduced restrictions on Canadian trade deals with other countries at the eleventh hour.

US officials also made unacceptable "threats" to the French language and "Quebec culture," he added, referencing the French-speaking province in eastern Canada.

Ottawa and Washington have not resumed negotiations since, and have continued trading barbs.

F.Carpenteri--NZN