Trump Threatens Tariffs on Canadian Planes, Cuba Oil Sellers
Trump threatens 50% tariffs on Canadian aircraft and new tariffs on countries selling oil to Cuba.
President Donald Trump announced new trade measures on Thursday, targeting both Canada and countries that supply oil to Cuba.
Through an executive order and a message on Truth Social, Trump authorised tariffs on imports from nations exporting oil to Cuba, citing U.S. national security concerns.
At the same time, he took aim at Canada, accusing Canadian regulators of delays in certifying several Gulfstream aircraft models. Trump warned that unless the issue is resolved quickly, the U.S. could move to decertify Bombardier aircraft and impose tariffs as high as 50%.
The measures come as Cuba faces reduced oil supplies following the halt of shipments from Venezuela.
Cuba Oil Crackdown Intensifies Pressure
The pressure on Cuba intensified this week after President Donald Trump signed an executive order targeting countries that supply the island with oil. The measures could allow tariffs on countries supplying oil to Cuba, expanding pressure beyond the long-standing U.S. embargo.
Mexico, a key oil supplier to Cuba, has halted shipments, according to statements cited by international media. President Claudia Sheinbaum described the decision as a matter of sovereignty, coming after nudges from Washington. The move follows the loss of Cuba’s other major backer, Venezuela, after it halted oil and financial support.
Havana condemned the actions as “brutal aggression.” Trump said Cuba “will be falling pretty soon” following the loss of foreign support and renewed calls for regime change.
Canada Aircraft Feud Heats Up
A sharp new trade threat is rattling the aviation industry, with President Donald Trump warning Canada of sweeping tariffs unless it quickly approves U.S.-built Gulfstream jets.
Trump said the U.S. would impose 50% tariffs on all aircraft imports from Canada and move to decertify Bombardier planes until Gulfstream models manufactured in Georgia are cleared by Canadian regulators.
The standoff has added strain to relations with Prime Minister Mark Carney’s government. Bombardier, which relies heavily on U.S. sales, is now under pressure to navigate the situation as certification talks continue between the two countries.
Read more news on Inspirepreneur Magazine.
At Inspirepreneurs Magazine, covering entrepreneurship, business failures, and the human stories behind the world's most ambitious founders. She writes at the intersection of strategy and storytelling.
