Bombardier stock dives on Trump threats of 50% tariff on Canadian planes
Trump threatened decertifying Bombardier’s planes and slapping new tariffs if Canada did not certify rival US planes.

Trump threatened decertifying Bombardier’s planes and slapping new tariffs if Canada did not certify rival US planes.



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The new slab will bring tariffs on Swiss imports to the same level as for the European Union.
The carmaker first announced the plan for battery production in 2021.
A dispute between Amsterdam and Beijing over technology transfer has held up chip supplies to car manufacturers.
Mexican shoe businesses can export to US tariff-free under USMCA but old policies and corrupt practices hold them back.
Stellantis announced a $13bn investment in the US, which will see Jeep Compass production move from Canada to the US.
It is a strategic move in advance of new round of tricky trade talks with the US.
The deal also gives the ChatGPT creator the option to buy up to 10 percent of AMD.
It is not clear if countries under trade agreements with the US would also be subjected to this new tariff.
Vancouver-based Lithium Americas is developing one of world’s largest lithium mines in northern Nevada.
The US largely imports pharmaceutical products from India and Europe.