Threat comes amid a growing trade dispute between Washington and Ottawa, and is the latest salvo in Trump's campaign to pressure foreign and domestic companies to manufacture more products in the U.S
would no longer be allowed to sell in the United States unless it started manufacturing in the country.
'NO MORE SELLING BOMBARDIER IN THE UNITED STATES! Their products aren't good enough! ' Trump said in a post on Truth Social.
'If they want our Market, they must build here, and stop treating America like a piggybank,' he said. Trump's post, which comes amid a growing trade dispute between Washington and Ottawa, was the latest salvo in his campaign to pressure foreign and domestic companies to manufacture more products in the U.S. That objective has driven many economic policies in his second term, especially a near global tariff-wall that has drawn complaints from many US trading partners.
The White House did not immediately respond to a request for comment on how Trump would enforce the action or the steps he would take. Bombardier already has a defence division with a U.S.-based factory, in Kansas, where it prepares planes for special mission purposes. About half of the fleet of 5,100 aircraft operated by Bombardier customers are located in the US.
In January, Trump said the U.S. was decertifying Bombardier Global Express business jets and threatened 50-per-cent import tariffs on all aircraft made in Canada until the country's regulator certified a number of planes produced by U.S. rival Gulfstream. Neither occurred, but the following month Canada certified several Gulfstream planes. Bombardier announced on Sept. 1 that it would acquire a Canadian factory from supplier Mitsubishi Heavy Industries , which manufactures wings for the private jet maker's Global 5500 and 6500 aircraft.
In July, Bombardier reported that its quarterly revenue grew 6 per cent compared with the same three months a year ago to $2.15-billion, helped by strong demand for aftermarket services. Study and track financial data on any traded entity: click to open the full quote page. Data updated as of
(0)Comments