Trump drops threats to bar Bombardier from US market over jobs
The US president has dropped threats against Canadian jet maker Bombardier and pledged to support its Kansas workforce. Shares rose 4% on Tuesday, Reuters reported.
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what happened
US President Donald Trump has dropped threats to ban Canadian jet maker Bombardier from the US market. Instead, he said he would look after the company's workers in Kansas, according to Reuters.
Trump said he would help the company because it has a sizeable presence in the United States. The threats made in September had become a political issue in the state, after Republican Senator Roger Marshall, who faces a tough re-election bid, lobbied the White House. Bombardier's shares rose 4% on Tuesday. The White House declined to comment and pointed to Trump's TV interview.
why it matters
Bombardier has 3,500 jobs in the US, more than 40% of them in Wichita. Reuters notes it was unclear how the administration could stop deliveries of private jets to American customers, since the FAA had approved them. For investors, the move lowers the risk to the company's US business, though trade tensions with Canada remain.
market impact
Bombardier and Canadian aerospace: dropped threats reduce the risk of losing access to the US market
tags
instruments
sources
- Trump drops threats against Canadian jet maker Bombardier, citing US jobs — Reuters, 20 October 2026 at 16:32 UTC
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