Canada in running for Safran plant despite tariff threat, minister says
Portfolio Pulse from
Canada is still a potential location for a new carbon brakes factory by France's Safran, despite the threat of 25% tariffs from the U.S. The Canadian industry minister confirmed the country's position in the running for the plant.
February 25, 2025 | 8:45 pm
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Safran is considering Canada for a new carbon brakes factory, even with potential 25% U.S. tariffs. This decision could impact Safran's operations and costs.
The news indicates Safran's strategic decision-making in choosing a location for its new factory. The potential U.S. tariffs could affect costs and operations, but the decision to consider Canada shows resilience and adaptability.
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