Trump threatened decertifying Bombardier’s planes and slapping new tariffs if Canada did not certify US rival planes.
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Shares of Canadian aeroplane maker Bombardier have plunged after United States President Donald Trump threatened to decertify the private jet maker’s large-cabin planes “and all Aircraft made in Canada”, and slap 50 percent import tariffs on new planes until Canada certified the latest aircraft produced by US rival Gulfstream.
The aeroplane maker’s stock was down 9 percent Friday morning on the heels of Trump’s late Thursday threats.
