
By Justin Bachman
Bloomberg
For U.S. airlines, the phrase “Made in America” comes with a whole new financial imperative thanks to the trade fight between the Trump administration and Europe.
In October, the White House levied a 10% tariff on European-built aircraft as part of a broader conflict over aviation industry subsidies. The move followed a World Trade Organization ruling that EU assistance to Europe-based Airbus had damaged Chicago-based Boeing, the latest chapter in a 15-year dispute over government support for the world’s two largest aircraft manufacturers.
Please CLICK HERE to read the complete article on the Alabama NewsCenter website.