Investing.com - After U.S. President Donald Trump threatened to impose tariffs on Canadian aircraft and take other retaliatory measures, Canadian aviation regulators certified the remaining Gulfstream private jet models on Monday.
Canada’s Transport Department issued certifications for the Gulfstream GVII-700 and GVII-800 models, the largest business jets produced by the division of General Dynamics (NYSE: GD). Previously, Trump warned that Canada improperly refused to certify certain Gulfstream aircraft.
On January 29, Trump stated that Canada “wrongfully and illegally” refused to certify some aircraft manufactured by Gulfstream. He warned that unless the issue is resolved, the U.S. will revoke certification for all Canadian-made aircraft and impose a 50% tariff on planes made in Canada.
This threat was directly aimed at Bombardier, as the company manufactures aircraft in Canada. Trump’s statement indicated that unless certification issues are resolved, the U.S. will take action against Canada’s aviation industry.
On February 15, Canada approved two additional Gulfstream models mentioned by Trump, the GVII-G500 and GVII-G600. These business jets are produced by Gulfstream, a division of General Dynamics, at the center of the certification dispute.
This article was translated with the assistance of artificial intelligence. For more information, see our Terms of Use.
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Gulfstream receives Canadian certification after Trump's tariff threat
Investing.com - After U.S. President Donald Trump threatened to impose tariffs on Canadian aircraft and take other retaliatory measures, Canadian aviation regulators certified the remaining Gulfstream private jet models on Monday.
Canada’s Transport Department issued certifications for the Gulfstream GVII-700 and GVII-800 models, the largest business jets produced by the division of General Dynamics (NYSE: GD). Previously, Trump warned that Canada improperly refused to certify certain Gulfstream aircraft.
On January 29, Trump stated that Canada “wrongfully and illegally” refused to certify some aircraft manufactured by Gulfstream. He warned that unless the issue is resolved, the U.S. will revoke certification for all Canadian-made aircraft and impose a 50% tariff on planes made in Canada.
This threat was directly aimed at Bombardier, as the company manufactures aircraft in Canada. Trump’s statement indicated that unless certification issues are resolved, the U.S. will take action against Canada’s aviation industry.
On February 15, Canada approved two additional Gulfstream models mentioned by Trump, the GVII-G500 and GVII-G600. These business jets are produced by Gulfstream, a division of General Dynamics, at the center of the certification dispute.
This article was translated with the assistance of artificial intelligence. For more information, see our Terms of Use.