Bombardier CEO Eric Martel raised concerns about potential U.S. tariffs if Canada cancels its C$19 billion contract for 88 Lockheed Martin F-35 fighter jets. The Canadian government, under new Prime Minister Mark Carney, is reviewing the deal due to ongoing trade tensions with the U.S.. Martel warned that Bombardier could shift priorities to non-U.S. clients if tariffs are imposed, stating, “Effectively, we could be targeted, this is my concern.” Despite the review, Canada’s Defense Ministry has already committed funds for the first 16 F-35 aircraft. The decision could have significant implications for Canada’s defense industry and its trade relations with the U.S.
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