Close Menu
  • Home
  • Europe
  • United Kingdom
  • World
  • Politics
  • Business
  • Culture
  • Health
  • Sports
  • Tech
  • Travel
Trending

Devastating video shows reality of millions of UK children living in ‘bed poverty’

July 6, 2025

First picture of teen boy found dead on railway tracks near Poynton Station

July 6, 2025

Iran’s supreme leader makes first public appearance since Iran-Israel war started

July 6, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram YouTube
Se Connecter
July 6, 2025
Euro News Source
Live Markets Newsletter
  • Home
  • Europe
  • United Kingdom
  • World
  • Politics
  • Business
  • Culture
  • Health
  • Sports
  • Tech
  • Travel
Euro News Source
Home»Business
Business

Tariffs: German and French industry united on EU retaliation on aircraft sector

News RoomBy News RoomJune 20, 2025
Facebook Twitter WhatsApp Copy Link Pinterest LinkedIn Tumblr Email Telegram

The German Aerospace Industries Association (BDLI), a leading producer of aircraft and helicopters in Germany, has issued a clear stance on trade tensions between the U.S. and the Eulerats (German political parties associated with theAlignment of BDLI’s policy with aspirations of French officials underscores the intensity of the conflict between Germany and the U.S.). BDLI has stated that the EU must respond to tariffs on completed aerospace products by excluding spare parts and other critical components, to prevent unintended negative impacts on Europe’s and global production networks. This decision aligns BDLI with the French sector’s commitment to protecting its aerospace market, as revealed by its leader, Guillaume Faury,who previously chair a drafting committee for the French aerospace industry. Faury supported the tariffs on finished aircraft but warned against targeting spare parts, as excluding them might disrupt the global supply chain. In response to the EU’s inclusion of aircraft in its draft list of potentially vulnerable products, the U.S. has invoked an investigation to counter potentially leading to additional tariffs on the European aerospace sector. The U.S. has ambitious goals, including imposing a 50% tariff on imported EU steel and aluminum, a 25% tariff on cars, and as low as a 10% duty on Germany’s and other European imports. President Donald Trump has issued a stern warning, asserting that he will confront the necessity of manufacturing responses if delays occur, potentially upping U.S. tariffs on all EU imports to the 50% mark. This situation mirrors the ongoing tensions between Boeing and Airbus, two major Eulerat powers that have historically carried significant control over the sector. Despite these interlinked production systems, the use of shared production facilities, such as the LEAP engine, has meant that any missteps in one area could propagate to another. The issue of finished products is now the norm in many of these trade negotiations, according to退休的(global trade officer at the European Commission, Ursula von der Leyen). Relations with the U.S. remain a lifeline for Europe in the face of these complex trade battles.

Share. Facebook Twitter Pinterest LinkedIn Telegram WhatsApp Email

Keep Reading

Nvidia is on track to become the most valuable company in history

Business July 4, 2025

What is in Trump’s tax and spending bill that will soon become law?

Business July 4, 2025

July’s seasonal magic: European stocks’ summer rally revealed

Business July 3, 2025

Tech firms in Central and Eastern Europe seek to catch up with the West

Business July 3, 2025

IMEC: Can the ambitious trade corridor from India to Europe succeed?

Business July 3, 2025

Microsoft said it would cut 9,000 jobs as tech giant bets on AI

Business July 3, 2025

Tesla sales fell sharply in the last three months, and Musk is to blame

Business July 2, 2025

Paramount pays Trump $16 million to settle ‘60 Minutes’ lawsuit

Business July 2, 2025

Poland trials a four-day working week: A step towards the future?

Business July 1, 2025

Editors Picks

First picture of teen boy found dead on railway tracks near Poynton Station

July 6, 2025

Iran’s supreme leader makes first public appearance since Iran-Israel war started

July 6, 2025

Met Office warns Brits in nine places need ’emergency’ kit for 12 hours

July 5, 2025

14 children in Texas are among the 37 dead from flash floods as the search continues for the missing

July 5, 2025

Latest News

£4,300 TUI holiday ruined by ‘rancid’ five-star hotel ‘not fit for a dog’

July 5, 2025

Rally held in Tel Aviv to call for the release of the remaining hostages held in Gaza

July 5, 2025

Foreign advice for Brits visiting Cyprus amid growing fears of conflict

July 5, 2025

Subscribe to News

Get the latest Europe and World news and updates directly to your inbox.

Facebook X (Twitter) Pinterest Instagram
2025 © Euro News Source. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?