Trump Refuses to Allow Bombardier Jet Sales in the US

Geopolitics
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Summary · why it matters

President Trump said on the 7th that he would not allow Canada's Bombardier to sell its private jets in the US unless the company produces them in the country. In a post on his social media platform Truth Social, he wrote, "We will no longer allow Bombardier to sell in the US! The quality of their products is not good enough!" He added, "If they want access to our market, they must manufacture here and stop treating America like a piggy bank." The remarks came as Canada was set to impose retaliatory tariffs on US goods on the 8th in response to US tariffs. The White House declined to comment on any measures to block sales of Bombardier aircraft that have received FAA type certification. Aerospace analyst Richard Aboulafia noted that most of the engines for Bombardier jets are made by US firms Honeywell Aerospace and GE Aerospace, making customer cancellations or sales bans unlikely. Bombardier employs 3,500 people in the US and has 2,800 suppliers, and produces wings for its flagship Global 8000 jet in Texas.

Impact on stocks 2

Aerospace & Aviation▲ · 1 stocks
GE Aerospace
GE
± MixedTariffrelevance

Analyst notes most Bombardier jet engines are made by GE Aerospace, so a US sales ban could hurt engine demand, but the article says such a ban is unlikely.

Defense & Geopolitical Fragmentation▲ · 1 stocks
Honeywell Aerospace Inc
HONA
± MixedTariffrelevance

Analyst notes Honeywell Aerospace makes many Bombardier jet engines, so a US sales ban could hurt engine demand, but the article says such a ban is unlikely.

Off-coverage companies 1

Bombardier Inc.Private▼ Negative
Tariffrelevance

Trump said he would not allow Bombardier to sell its private jets in the US unless it manufactures them in the country.

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