Aerospace union calls on US to pause tariffs on Canadian imports

sg.news.yahoo.com February 3, 2025, 09:00 PM UTC

The head of a major North American aerospace union is urging the U.S. to pause tariffs on Canada, similar to a recent delay for Mexico. The proposed tariffs of 25% on Canadian imports could impact U.S. jobs linked to aerospace exports. Canada exported $8.78 billion in aerospace products to the U.S. in 2023. The tariffs could complicate production and raise costs for companies like Boeing, which is already facing supply chain challenges. Canadian aerospace firm Bombardier saw its shares drop significantly amid uncertainty over the tariffs. Analysts predict that if tariffs remain, companies will likely increase prices, affecting the entire aerospace supply chain.


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