EU bows to Trump in new trade deal
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Boeing is reeling in big orders as foreign countries try to increase purchases of American goods. Click here to see why BA stock is a Buy.
US President Donald Trump and EU chief Ursula von der Leyen shake on it after "tough negotiations" in Scotland.
A looming 30% U.S. tariff on EU imports threatens to disrupt global aircraft deliveries, spike airline costs, and escalate transatlantic trade tensions.
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The aviation industry can breathe a sigh of relief after dodging tariffs in Trump's EU trade deal
The EU-US trade deal includes zero tariffs on aircraft, a big win after months of uncertainty. But Trump's tariffs could still weaken travel demand.
What about the terms of the deal? The 15 per cent tariff is well above the average of just under 5 per cent which applied on all EU imports to the US before Trump came to office. However, Irish businesses have been faced with a range of different tariff levels and much will depend on the small print of what was agreed.
Ryanair is plotting to bypass tit-for-tat tariffs between Donald Trump and Brussels by diverting an order of Boeing jets to Britain.
Alaska Air Group reported much lower profits in the second quarter compared to the same time last year, but the airline is hopeful amid tariff impacts.
Boeing CEO Kelly Ortberg said Wednesday that he doesn’t expect the U.S. trade war with China to forestall the Arlington County -based company’s financial recovery, nor prevent it from reaching aircraft delivery targets with Chinese airlines now refusing to accept Boeing planes. Speaking on CNBC, Ortberg said that Boeing had three airplanes in China ready for delivery, but that two of them ...
That's good news for Boeing, which has been beset by problems over the last few years, including issues with the 737 MAX aircrafts themselves. How long this lull in the trade war lasts remains to ...
The preliminary deal imposes 15 percent tariffs on most E.U. goods, averts a trade war and leaves many details unresolved, including on wine and spirits. Here are industries on the line.