Bombardier Rally Faces New Hurdle on Trump’s Canadian Jet Threat

Private jet-maker Bombardier Inc.’s bullish run hit a roadblock Friday as President Donald Trump threatened to slap a 50% tariff on aircraft from Canada and decertify all new planes made there.

Trump in a Truth Social post on Thursday accused Canada of refusing to certify certain jets made by Gulfstream. He threatened to retaliate by decertifying Bombardier Global Expresses and all other new Canadian aircraft in response, risking Bombardier’s access to its largest market. The Canadian aerospace company received 64% of its revenue in 2024 from US.

The stock fell 7.3% to C$229.45 by 10:50 a.m. in Toronto on ...