President Donald Trump threatened to impose a 50% tariff on aircraft from Canada sold in the US and decertify all new planes made there, jeopardizing Bombardier Inc.’s access to its biggest market for private jets.
Trump said he would levy the additional duties until Ottawa agreed to approve certain jets made by Gulfstream, a unit of General Dynamics Corp. Canada had “wrongfully, illegally, and steadfastly refused to certify the Gulfstream 500, 600, 700, and 800 Jets,” he said in a social media post Thursday.
In response, the US would decertify “Bombardier Global Expresses, and all Aircraft made ...