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Bombardier falls after Trump vows tariffs on imports from Canada



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Updates

** Canadian business jet maker Bombardier's shares BBDb.TO fall ~5% to C$91.78

** Late Monday, President-elect Donald Trump said he would impose a 25% tariff on imports from Canada and Mexico, until they clamped down on drugs and migrants crossing the border

** BBDb shares closed 9.3% down on Tuesday

** "BBD assembles most aircraft in its Montreal and Toronto, Canada facilities and manufactures other parts, including global rear fuselage in Queretaro, Mexico," say Barclays analysts

** They say 70% of Bombardier's aircraft deliveries are to customers in the U.S.

** As of last close, stock up 72.6% YTD



Reporting by Aatreyee Dasgupta

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