US EditionUS opens national security probe into imported commercial jets, engines
- The U.S. Commerce Department opened a national security investigation on May 1 into imported commercial aircraft, jet engines, and parts to assess risks to national security.
- The investigation uses Section 232 of the 1962 Trade Expansion Act, allowing tariffs if imports threaten security, and follows similar probes into other sectors like semiconductors.
- Manufacturers and airlines, including Boeing and Delta, face existing 10% tariffs on parts, with industry leaders lobbying to restore tariff-free trade under the 1979 Civil Aircraft Agreement.
- Boeing reports paying 10% duties on components from Japan and Italy, while GE Aerospace warned tariffs could cost $500 million this year, highlighting significant financial impacts.
- The probe could lead to higher tariffs, potentially disrupting supply chains and aircraft deliveries, while the Commerce Department invites public comment over three weeks on industry competitiveness and foreign subsidies.
15 Articles
15 Articles
The U.S. is considering tariffs on aircraft, which could have a negative impact on the country and upset Boeing's international division of labor.
On the 9th, the Trump administration announced that it had begun an investigation with a view to imposing additional tariffs on imported aircraft and parts. The US aircraft industry, centered around Boeing, has built a system of international division of labor in order to strengthen its competitiveness. A business model of importing many parts cheaply and exporting aircraft at a high price has contributed to a huge trade surplus. Aircraft tariff…
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