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Bombardier caught in the crossfire of escalating U.S.-Canada trade feud
cbsnews.com • • business
Key Points:
- Bombardier, a major Canadian business jet manufacturer with significant U.S. operations and supply chains, faces threats from former President Trump to block its sales in the U.S. unless it manufactures aircraft domestically.
- Trump criticized Bombardier on social media, claiming its products are inferior and demanding the company build planes in America, coinciding with the start of Canadian tariffs on $20 billion of U.S. goods.
- Bombardier employs tens of thousands in the U.S., operates plants in multiple states, and sources over half of its aircraft components from American suppliers, contributing over $2.5 billion annually to U.S. suppliers.
- Industry analysts warn that banning Bombardier jets would disrupt U.S. customers amid strong demand for private jets and could hurt domestic suppliers, while the legal feasibility of such a ban remains uncertain.
- U.S. lawmakers from Kansas, where Bombardier has a significant presence, and labor unions oppose any ban, emphasizing the importance of Bombardier to American jobs and the aerospace industry.
