The feud between planemakers Boeing and Bombardier is gaining altitude. The US Commerce Department slapping a preliminary 220 percent tax on Bombardier's planes. Now the trade tension is threatening to spill over to the other side of the Atlantic.
A new North American trade agreement has been struck between the US, Canada and Mexico following tense negotiations. But is this a victory for US President Donald Trump or is the picture a little more nuanced?
US President Trump has warned that tough talks lie ahead on the future of NAFTA, indicating that the US could withdraw. Trudeau has said he is optimistic about the deal's fate but admitted there was room for improvement.
The US Commerce Department has hit Canadian plane maker Bombardier's new CSeries jetliners with another import duty. The move comes a week after a 220 percent duty was placed on the key rival to the US firm Boeing.
The decision in favor of Montreal-based Bombardier plane manufacturer also blocks US President Trump from slapping a 292 percent tariff on the C Series imports. The row threatened to escalate trade tension with the UK.
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