Bombardier, Trump
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Shares in Bombardier lost altitude Tuesday after President Donald Trump threatened to ban the Canadian aircraft manufacturer unless it makes new commitments to build in the U.S.
Trump's swipe at Bombardier has spurred rebuttals from some Republican in states where Bombardier maintains a presence.
The president's latest threat puts celebrity-linked jets and thousands of U.S. aerospace suppliers in the spotlight.
As Trump warns Bombardier to either build in the U.S. or face exit, a 2024 Global 7500 jet gets listed for sale.
Bombardier is defending its deep U.S. footprint after President Donald Trump threatened to block the Canadian aircraft maker from selling its jets in the United States unless it manufactures them on American soil, prompting Republican lawmakers from Kansas to push back over the potential impact on U.S. jobs and aerospace operations.
Bombardier’s Wichita workforce primarily focuses on defense work, including preparing Canadian-manufactured planes for the U.S. Air Force.
President Donald Trump said that Canada-based airplane maker Bombardier would no longer be allowed to sell in the U.S. unless it started manufacturing in the country.