President Donald Trump announced Monday that Canadian aerospace manufacturer Bombardier will be barred from selling its products in the United States unless it establishes manufacturing operations within the country. The declaration was posted on Truth Social and marks a significant escalation in the ongoing trade dispute between the two nations.
“NO MORE SELLING BOMBARDIER IN THE UNITED STATES!” Trump wrote. “If they want our Market, they must build here, and stop treating America like a ‘piggybank.'” As of the announcement, Bombardier had not immediately provided a comment regarding the president’s statement.
The directive comes just ahead of scheduled retaliatory tariffs imposed by Ottawa. On August 25, Canada announced approximately $20 billion in tariffs targeting more than 700 U.S. goods, designed to mirror the 50% import taxes Trump recently placed on Canadian wine, cement, hockey sticks, and other products following the collapse of trade negotiations.
Tensions have further intensified following remarks from U.S. Commerce Secretary Howard Lutnick, who told CNBC that Canadian officials “blew up” a nearly finalized trade deal for “political reasons only.” In response, Canadian Prime Minister Mark Carney stated that Canada would resume trade discussions only “when the Americans are ready.”
Seems like a bold move to force domestic manufacturing, but at what cost to consumer prices? I wonder if American buyers can afford the fallout.
This is extreme protectionism. Bombardier builds planes, not piggy banks. The aviation industry will suffer for political posturing.