U.S. President Donald Trump is threatening to slap a 50 per cent tariff on Canadian aircraft and says his administration will "decertify" those planes, mentioning by name a series of jets by aerospace company Bombardier. Trump also targeted the Canadian company during his first term, slapping a near 300 per cent tariff on Bombardier's C Series. In the past week, Trump has taken a more hostile tone when referring to Prime Minister Mark Carney. U.S. Treasury Secretary Scott Bessent also chimed in this week regarding Carney's speech in Davos, Switzerland, saying the prime minister shouldn't be "virtue signalling." "I would just encourage Prime Minister Carney to do what he thinks is best for the Canadian people," Bessent told CNBC's Sara Eisen on Wednesday.

Source: CBC News January 30, 2026 11:21 UTC