From Yahoo Finance: 2025-06-03 11:57:00

Global aerospace companies and U.S. airlines warn new tariffs on imported aircraft, engines, and parts may jeopardize air safety and supply chains. Industry already faces 10% tariffs, with potential for even higher rates. Aerospace Industries Association urges no new tariffs for 180 days to prevent risks to national security and supply chain. Airlines for America warns tariffs could lead to higher ticket prices and disrupt aviation industry growth and innovation. Manufacturers and airlines push for restoration of tariff-free regime under the 1979 Civil Aircraft Agreement to maintain trade surplus and ensure FAA-certified parts remain tariff-free.



Read more at Yahoo Finance: US tariffs could put air safety at risk, aerospace and airline industries warn