Trump Threatens Bombardier Ban as Canada's Retaliatory Tariffs Take Effect
Canada's tariffs of up to 50 percent on roughly $19.8 billion of US goods came into force Tuesday, deepening a trade dispute in which US President Donald Trump has threatened to bar sales of all Bombardier aircraft in the United States.
Canada's retaliatory tariffs of up to 50 percent on approximately $19.8 billion worth of US goods came into effect on Tuesday, according to France 24, further escalating a trade war between the two neighbouring countries.
At the same time, US President Donald Trump is threatening to ban sales of all Bombardier aircraft in the United States, France 24 reported, despite the Canadian aerospace company's extensive network of US suppliers.
The report did not provide additional details on the scope or timeline of a potential Bombardier ban, nor on which specific US goods are subject to Canada's new tariffs.
The same broadcast segment also noted that Iran has raised the price of gasoline, and that French artificial intelligence startup Mistral AI is now valued at 21 billion euros, France 24 said.
Sources
- Trump threatens ban on Bombardier as Canada's retaliatory tariffs kick in — France 24 — English
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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