It's laughable that Boeing would ask for tariffs against Bombardier, when Boeing doesn't even manufacture a jet in the same category as the CSeries jets.

The 737 is no longer being manufactured, and the 797 that will replace it won't be in production for 10-years.

With that knowledge, U.S. carrier Delta Airlines signed up for 75 Bombardier CSeries aircraft.

Boeing and Trump have made a huge miscalculation here, and it's going to result in lost sales for Boeing, globally.

It's a major mistake and it reeks of unfairness and hypocrisy because Boeing gets more subsidies than almost any company in North America.

Before the dust settles, I expect Boeing to retain the entire U.S. airline market (no more Airbus, or Embraer, or Bombardier jet sales to U.S. carriers) and only the U.S. military will buy its military aircraft -- because I think that's the entire goal for the U.S. government and Boeing -- a totally captive U.S. market.

But I see that goal as a mistake.

Cheers, JBS