Donald Trump has threatened Canada with a 50% tariff on any aircraft sold in the US. He said the US, in return, would decertify all Canadian aircraft, including planes from its largest aircraft maker, Bombardier. “This is really a smokescreen that’s basically throwing up another red flag in the face of Mr Carney,” Mr Gradek said. Mr Carney rejected Mr Bessent’s contention that he had aggressively walked back his comments at the World Economic Forum during a phone call with Mr Trump on Monday. In Davos at the World Economic Forum last week, Mr Carney condemned economic coercion by great powers on smaller countries, without mentioning Mr Trump by name.

Source: Irish Examiner January 30, 2026 21:11 UTC