Trump’s Tariffs Could Deal a Blow to Boeing and the Aerospace Industry
Aerospace companies are big exporters but also very reliant on a global supply chain, making them vulnerable.
It Is Happening Every Day, Every Where
Aerospace companies are big exporters but also very reliant on a global supply chain, making them vulnerable.
Tariffs, tax credits and deregulation are among the industry’s top priorities.
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.
Building on Biden-era policies, President Trump is strong-arming regional leaders, deploying military force and shredding decades of precedents when it comes to the U.S.-Mexico border.
The president offers many reasons for imposing tariffs, including revenue, leverage over competitors and job creation. But history suggests a more complex history.
His administration has acknowledged that exceptions undercut the power of tariffs, but it seems hard for the president to resist making deals.
The electric car company led by Elon Musk builds all the cars it sells in the United States in California and Texas, shielding it from tariffs that could devastate competitors.
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.
The S&P 500 jumped about 1.2 percent on Wednesday, after two days of declines. Shares of automakers rallied.
In a speech to Congress in his first weeks in office, the president laid out his vision to remake U.S. policy on the military, trade, immigration and foreign aid.