Trump Announces Bombardier Must Build in U.S. to Continue Selling There

President Donald Trump announced that Canadian aerospace company Bombardier must manufacture its products within the United States if it wishes to continue selling them there, escalating tensions between the two countries amid an ongoing trade war. This move comes as Canada is set to impose approximately $20 billion in retaliatory tariffs on U.S. goods starting Tuesday, targeting over 700 items including wine and cement. These tariffs are a response to Trump's recent imposition of high import taxes on Canadian products following the collapse of trade negotiations between Ottawa and Washington. U.S. Commerce Secretary Howard Lutnick criticized Canada for derailing what was nearly a completed trade deal due to political reasons, while Canadian Prime Minister Mark Carney indicated that talks could resume when U.S. officials are ready.

By Greg Iacurci · CNBC ·

Trump Announces Bombardier Must Build in U.S. to Continue Selling There

Topics: aerospace industry tariffs U.S.-Canada relations

Read the full article at CNBC

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