Bombardier stock dives on Trump threats of 50% tariff on Canadian planes

AI Summary
Bombardier's stock fell sharply after former U.S. President Trump threatened to decertify the company's planes and impose a 50% tariff on Canadian aircraft imports. The threat, made on Truth Social, was in response to Canada's delay in certifying aircraft produced by U.S. rival Gulfstream. While a White House official clarified that existing Canadian-built planes were not at risk of decertification, the announcement caused concern among airlines, aviation analysts, and Bombardier customers. The potential tariffs and decertification come amid broader trade tensions between the U.S. and Canada, with the Canadian Prime Minister recently criticizing U.S. trade policy. Despite the USMCA trade agreement, aircraft and aerospace parts have now become a point of contention.
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