MAGA! Airbus and Bombardier to build plants in ALABAMA after Commerce Dept. TARIFF threat

All hail GEOTUS Trump!


"Bombardier stock jumped as much as 26 per cent in Toronto on Tuesday, the first trading window since news Monday evening that the company had signed a partnership with rival Airbus to make and market its C Series jets. The unexpected deal came after U.S. plane maker Boeing unexpectedly won a ruling that slapped duties of more than 300 per cent on all C Series sold in the U.S. Boeing had complained about Canadian subsidies it deemed unfair. Bombardier's deal with Airbus is designed to get around those subsidies by moving some of the production of the C Series to the United States. That would allow the company to circumvent import duties, since the planes would no longer qualify as imported products.

Trump effect?

And the deal could be a lesson to Canadian businesses in other fields to start taking U.S. bluster about trade policy seriously. U.S. President Donald Trump "wanted to force companies that sell into the U.S. to produce there, and that's exactly what's going to happen," Hejazi said. "Everyone has to give Donald Trump a victory — as difficult as that may be — but this is exactly what he wanted. "I think this gives Donald Trump and those people that adhere to his position a lot more ammunition to be tough when it comes to the NAFTA renegotiations," he said.

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