“And does he have any authority to do this?”Bombardier and Canadian government officials didn’t immediately respond to requests for comment. The back-and-forth comes as the countries prepare to renegotiate their continental trade pact, known as USMCA, which Trump agreed to in his first term. That means a large proportion of Canadian exports are entering the US duty-free, though significant tariffs remain on key sectors like steel and aluminum. Earlier Thursday, Trump threatened to tariff countries that provided or sold oil to Cuba, in a move that could subject Mexico to higher levies. Bombardier’s exposureMore than half of Bombardier’s global fleet of over 5,200 aircraft is operated in the US.

Source: The Edge Markets January 30, 2026 03:03 UTC