U.S. President Donald Trump is reopening old trade wounds, placing Canada back under the spotlight with a threat to impose a 50% tariff on aircraft imports and questioning the approval process for new Canadian-built jets, including those from Bombardier. Washington argues that certification rules north of the border have tilted the playing field against U.S. manufacturers—an assertion Canada firmly pushes back on.
The latest warning follows Trump’s earlier suggestion of much steeper tariffs linked to Canada’s trade understanding with China, which lowered duties on Chinese electric vehicles while easing access for Canadian agricultural exports. The Trump administration says the arrangement could breach the United States–Mexico–Canada Agreement (USMCA), which is due for renegotiation this summer.
Canada isn’t alone in facing renewed pressure. Trump has also signalled potential trade penalties for Mexico and announced higher tariffs on South Korean goods, even as other major economies press ahead with new trade agreements. For Canada, the message is familiar: prepare for renewed turbulence in an already fragile trade relationship with its closest ally.
(Source: Financial news)
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