Tag

Bombardier

All articles tagged with #bombardier

Wichita Bombardier workers push back on Trump's jet ban threat
politics25 days ago

Wichita Bombardier workers push back on Trump's jet ban threat

After President Trump threatened to ban Bombardier jet sales, Wichita workers voiced concern, saying the move would strain American jobs. The reaction highlighted anxiety among Bombardier employees (the company employs thousands in the U.S., including about 1,500 in Kansas) and prompted Kansas officials to seek job protections amid broader U.S.-Canada trade tensions.

Bombardier Pushes Back as Trump Threatens US Aircraft Sales
business1 month ago

Bombardier Pushes Back as Trump Threatens US Aircraft Sales

Bombardier says it already builds in the United States with American-made components and thousands of US workers, countering President Trump’s threat to block its US sales unless production occurs in the US, and highlights its broad US supplier network (47 states), plans for a Fort Wayne service center, and about $2.5 billion spent with suppliers, as its stock drops amid ongoing US–Canada trade tensions.

Bombardier stock sinks as Trump widens U.S.-Canada trade clash
economy-and-politics1 month ago

Bombardier stock sinks as Trump widens U.S.-Canada trade clash

Bombardier’s shares fell after President Trump threatened to bar the Canadian aircraft maker from U.S. government contracts unless it expands U.S. production, as Canada retaliated with tariffs on American goods and the broader trade fight intensifies. Analysts warn of near-term uncertainty for Bombardier’s U.S. orders, while the company stresses its growing U.S. footprint and tens of thousands of jobs supported across multiple states.

world1 month ago

Trump Threatens US Procurement Access as Canada Hits Back with Tariffs

After Canada imposed tariffs on about $20 billion of U.S. exports, President Trump threatened to remove Canadian products from U.S. government procurement programs, directing the GSA and USTR to act; the move intensifies a growing trade dispute that has included prior Bombardier warnings and followed a breakdown in talks, with Prime Minister Carney urging a mutually beneficial deal.

Trump pushes Bombardier ban as Canada trade spat widens GOP friction
politics1 month ago

Trump pushes Bombardier ban as Canada trade spat widens GOP friction

President Donald Trump urged banning Bombardier aircraft from selling in the United States amid a Canada-U.S. trade dispute, claiming the company’s products aren’t good. Kansas Sen. Jerry Moran pushed back, noting Bombardier’s jobs in Wichita, while Bombardier defended its U.S. investments and supply chain. Canada retaliated with tariffs, amplifying tensions ahead of the midterms.

Trump Threatens to Cut Bombardier Jets from US Market Unless Production Moves to U.S.
world1 month ago

Trump Threatens to Cut Bombardier Jets from US Market Unless Production Moves to U.S.

President Donald Trump warned Bombardier it cannot sell jets in the United States unless the company moves production to the U.S., a demand tied to the expanding Canada–U.S. trade war as Canada prepares retaliatory tariffs. Bombardier says its U.S. operations support thousands of American jobs and will continue to invest in its American footprint amid the dispute.

Trump ties Bombardier sales to U.S. manufacturing
politics1 month ago

Trump ties Bombardier sales to U.S. manufacturing

President Donald Trump said Bombardier cannot sell in the United States unless it begins manufacturing in the U.S., tying access to American markets to domestic production amid a broader U.S.-Canada trade dispute. Bombardier had not commented, and earlier threats included decertifying Gulfstream jets and potential 50% tariffs, though none were enacted and Canada later certified some Gulfstream aircraft.

Trump's Decertification Threat to Canadian Jets Sparks Aviation Safety Debate
politics8 months ago

Trump's Decertification Threat to Canadian Jets Sparks Aviation Safety Debate

Trump threatened to decertify Canadian-made Bombardier aircraft in the US, a move critics say would politicize aviation safety and could disrupt flights if applied to new deliveries; the FAA would ultimately decide eligibility, while existing aircraft would not be affected. The feud also comes amid Canada’s own Gulfstream certification delays and broader concerns about how certification is handled in practice.

Trump threatens 50% tariffs on Canada-made jets amid decertification push
politics8 months ago

Trump threatens 50% tariffs on Canada-made jets amid decertification push

President Donald Trump said he would decertify all Canada-made aircraft and impose a 50% tariff on planes sold into the United States until Gulfstreams are certified in Canada, targeting Bombardier’s Global Express. The move hinges on certification processes and may exceed FAA authority, with potential widespread disruption to US air travel if Canadian-made jets are grounded. The story is developing and CNN has sought FAA comment.

"GM Taps Former Tesla Exec Kurt Kelty to Lead EV Battery Unit"
business2 years ago

"GM Taps Former Tesla Exec Kurt Kelty to Lead EV Battery Unit"

Cineplex Inc. reports a $9 million loss in its fourth quarter despite increased theatre audiences from Taylor Swift; EU approves the AI Act with global implications for Big Tech; Aurora Cannabis Inc. announces a $25.2 million net loss as it buys Australian medical pot firm; Bombardier forecasts lower-than-expected free cash flow for 2024, but ramps up plane sales and forecasts growth despite supply chain snarls; Thomson Reuters reports a Q4 profit and revenue increase, raising its quarterly dividend by 10%.