Aircraft Crisis Between US and Canada: Sales Ban Imposed on Bombardier
As trade tensions escalate between the US administration and Canada, the market operations of the Canadian manufacturer have been suspended.
US President Donald Trump stated that Canada has been obstructing the activities of American companies in the country, announcing that the sale of products by Canadian aircraft manufacturer Bombardier is banned in the US.
Statement from Trump on Social Media
US President Donald Trump announced via his social media account that products by Canadian aircraft manufacturer Bombardier will no longer be sold in the US market.
Trump stated that he made this decision claiming the company generates more than half of its revenue from the US and that its products are not good enough.
Accusation of Obstruction Against Canada
Arguing that Canada has been obstructing the activities of American companies and banks, Trump particularly criticized restrictions targeting Gulfstream Aerospace.
Characterizing this stance by Canadian authorities as completely unfair and unjust, the American leader drew attention to trade imbalances.
America First Emphasis and New Era
Referencing the America First vision, Trump stated that the old era has come to an end and that Canada must stop viewing the country like a piggy bank.
Stating that those wanting to enter the market must invest, the official called in favor of purchasing American products and utilizing domestic resources.