RE:RE:UP TO NOW BBD EXPORTED + OR - 80 BUS JET TO USA BBDB859 wrote: Sham where are you getting this 20% Tafiff for Canada from Trump? This 20% Tariff that Trump said is against the CHINESE GOODS, not to Canada or Mexico. In fact Mexico maybe hit by a Tariff from the US but the US can't afford to do it to Canada. What you are saying or associating with, was the CSeries ordeal, which was aimed to block the CSeries from going to the US. And that the USTC. The complaint went to the US trade commission. That case has Nothing to do with the new USMCA
When a deal is in place like we have right now with old NAFTA & now the new USMCA, it can't be changed arbitrarily, without some kind of default by either country. And there is even a mechanism by the USMCA court to place/take such complaints of default. Thiere is NO trade agreement in place between USA & China. So Trump can do anything there, including hitting the Chinese with a 20% Tariff. But to default with the USMCA isn't easy for the USA, nor Canada, nor Mexico, until the deal is finished in 2036. There is 12 years left on the USMCA deal.
Please don't mix up the USTC Boeing complaint of 5 years ago, with the Free Trade and the USMCA agreement. They are 2 different things. You are spreading false statements with your fear.
I get it.Trump is unpredictable, but there is even a remedy for NUT CASES too. The USA public is faulty, but even they will not sit still, and start paying 20% more for all their consumer goods as Trump is proposing.
859, all good points. I am not an expert on USMCA, far from it, and from what I know the US can't slap tariffs against Canada if they want to. It is up for review in 2026, I do know that so there could be some tweeks then. Until then, can someone explain how Trump could just slap a tariff on Canadian business jets?
The C series tariff which was eventually overturned was based on BBD dumping the plane in the US at below cost. That does not apply here, we all know BBD isn't doing that Further to that, as Balmusette correctly pointed out, that US business jet owners likely have dual citizenship and/or own foreign companies and register it in a foreign county. I've also said this repeatedly, its cheap and easy to incorporate offshore and register the new jet there too.
This tariff thing is straight out fear mongering.
I invest on facts not on fear. When the stock drops, its simple, idiots panic sell and others run up with their money and BUY MORE