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Bloomberg Business

Bombardier Stock Slides After Trump's Threat to Block US Sales

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Bombardier Stock Slides After Trump's Threat to Block US Sales
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Bombardier shares dropped as much as 7% before trimming losses after President Donald Trump posted on social media suggesting the company should be blocked from U.S. sales. In his Monday message, Trump wrote “NO MORE SELLING BOMBARDIER IN THE UNITED STATES!” and indicated he wanted the company stopped. Traders reacted quickly to the possibility that Bombardier’s ability to deliver jets to American customers could be curtailed. The article notes that the stock move eased later in the session, but the initial decline reflected market sensitivity to the president’s latest threat. The brief report did not provide further details on timing or any specific policy mechanism.

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