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Trump tariff war would hurt Boeing more than Airbus (www.politico.eu)

submitted 1 day ago by MicroWave@lemm.ee to c/economics@lemmy.world

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Summary

Trump's tariff wars may harm Boeing more than Airbus as Washington imposes 25% tariffs on imports from Canada and Mexico and 20% on Chinese goods.

Boeing faces challenges passing on price increases while risking loss in the Chinese market. The aviation sector, dependent on international supply chains, will be impacted, with Boeing already struggling after losing nearly $1 billion monthly in 2024.

Trump's threatened 25% tariff on EU goods could trigger retaliation. Unlike Boeing, Airbus has U.S. manufacturing facilities providing partial shelter from tariffs.

Industry groups warn these measures will disrupt complex global supply chains, with Boeing's stock falling 6.5% while Airbus rose 3%.

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[–] MutilationWave@lemmy.dbzer0.com 1 points 12 hours ago

This article is going soft on Boeing. I just checked, their stock is down 20% in the last 20 days. Airbus is up 13% over roughly the same period.

[–] egidighsea@lemmy.dbzer0.com 1 points 15 hours ago

“Oh no, anyway”

[–] jj4211@lemmy.world 1 points 15 hours ago

This is why the auto parts got an exemption, "American" car companies do comparatively less American manufacturing than ostensibly foreign companies.

Across a lot of industries, American companies offshore some or all of their business while foreign companies did the opposite.

[–] sunzu2@thebrainbin.org 2 points 23 hours ago

Boeing is a national disgrace.....

Never forget what a Boeing suicide is