Tariff Takedown: How US Trade Barriers Could Cripple Global Aviation
The Looming Threat of Tariffs to Global Aircraft Manufacturing Imagine a future where buying a new Boeing or Airbus suddenly costs US Airlines tens of millions of dollars more, where airlines delay buying new aircraft and where workers on the Boeing assembly line in Everett or Gulfstream in Savannah are laid off since the planes they make are no longer competitive with their foreign-made competitors in France, Brazil and even China. Sounds a bit dramatic? Well, it might already be happening. In today's article, we're diving into the complex and potentially devastating effects that tariffs, specifically those announced recently by the United States, could have on global aircraft manufacturing. I will look at how tariffs affect a plane like the Boeing 787, what they mean for the hundreds of companies in the aerospace supply chain and how these trade barriers could end up reshaping the entire industry. Now, before we go on, I want to make something very clear here. I always try ...