Then came the trade war. While Bombardier won a reprieve on the 25% tariffs on Canada—which are currently suspended for all goods deemed compliant under the U.S.-Mexico-Canada Agreement (USMCA)—it has caused turbulence. “I have more U.S. content than Canadian content in my planes,” says Martel, pointing to Bombardier’s 2,800 U.S.-based suppliers and defense headquarters in Wichita.
More news below.
Contact CEO Daily via Diane Brady at diane.brady@fortune.com