The European Commission is considering introducing special tariffs on Boeing aircraft as retaliation for U.S. import duties.
These measures could be implemented if insufficient progress is made in negotiations with Washington to limit American tariffs. The European Commission is reportedly preparing to impose tariffs on Boeing aircraft as part of a broader €100 billion ($114 billion) retaliation plan if trade negotiations with the United States fail to yield a resolution. This move comes in response to the U.S. administration’s imposition of a 20% tariff on nearly all EU exports on April 2, which was later reduced to 10% for 90 days to allow for talks. The proposed EU tariffs would need approval from a majority of EU member states and are intended to counterbalance U.S. levies on European products, especially targeting the aerospace sector after past disputes between Boeing and Airbus.
China has reportedly ordered its airlines to halt deliveries of Boeing jets and to stop purchasing aircraft-related equipment and parts from U.S. companies. This action is in retaliation for the U.S. decision to impose 145% tariffs on Chinese goods. Boeing, which considers China one of its biggest growth markets, faces significant challenges due to this development.
These escalating trade tensions have led to concerns within the aviation industry. Airbus CEO Guillaume Faury has warned that a prolonged trade war, particularly affecting the aerospace sector, will result in “only losers,” especially in the United States. He urged a return to tariff-free trading, referencing the 1979 agreement that previously allowed such conditions.