00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Donald Trump announced that Canadian aircraft maker Bombardier will invest $270 million
00:08in U.S. operations, following months of trade tensions between the company and his administration.
00:14Trump said Thursday the investment would create thousands of jobs across Kansas, Texas, and Indiana.
00:20Bombardier clarified Friday that it plans to hire 800 workers,
00:23including 300 new positions tied to expansion projects.
00:26The company previously announced a $50 million investment in Wichita, Kansas.
00:31In January, Trump threatened to revoke certifications for Canadian-made aircraft
00:36and impose a 50% tariff on Bombardier jets unless Canada certified U.S.-made Gulfstream aircraft.
00:43Canadian authorities granted certification a month later.
00:46Trump subsequently threatened to block Bombardier aircraft sales in the U.S.
00:50For all things money, visit Benzinga.com.
