Trade War Escalates After US Slaps Canada's Bombardier Jet With 220% Tariff
The fourth round of Nafta talks began in Ottawa over the weekend, and as US Trade Rep Robert Lighthizer and his Mexican and Canadian counterparts scramble to produce a deal by the end of the year – a self-imposed, “soft” deadline – Boeing inflamed trade tensions by winning a decision to slap a massive tariff on struggling Bombardier’s C-Series jet, potentially severing one of the last lifelines for the once-proud aircraft manufacturer.