Bombardier looks to hire 500 new workers in US, despite Trump threat
The Canadian aircraft manufacturer has received support from Republican lawmakers on its economic impact record.
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The Canadian aircraft manufacturer has received support from Republican lawmakers on its economic impact record.
Canada's retaliatory tariffs of up to 50 percent on approximately $19.8 billion worth of US goods came into effect this Tuesday, further escalating the trade war between the two neighbours. At the same time, US President Donald Trump is threatening to ban sales of all Bombardier aircraft in the US, in spite of the Canadian company's deep web of US suppliers. Also in this edition: Iran raises the price of gasoline and French startup Mistral AI is now valued at โฌ21 billion.
US President Donald Trump threatened on Monday to block sales of Canadian planemaker Bombardier in the United States unless it builds aircraft in the country, escalating trade tensions on the eve of Canadian retaliatory tariffs. Trump accused Canada of โunjust and unfairโ trade practices but did not explain how a ban would work.
Trump targets aeroplane maker again, accusing Canada of unfair practices and threatening to block sales in the US.