Airbus hit as new US tariffs come into force
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Airbus hit as new US tariffs come into force
1–10 of 219 posts
Re: Airbus hit as new US tariffs come into force
#2Is this an attempt to prop up Boeing from collapse? Really lame solution if so.
Re: Airbus hit as new US tariffs come into force
#3Tariffs don't hurt the producer as much as the consumer. But stupid politicians will tell you otherwise because they think they are smart!
Re: Airbus hit as new US tariffs come into force
#4If this is similar to the old tariffs, it affects only new aircraft. Some airlines were already buying Airbus planes from Europe and flying them in South America long enough for the planes to be considered "old" so that they may be excluded from the tariffs.
Re: Airbus hit as new US tariffs come into force
#5Is this an attempt to prop up Boeing from collapse? Really lame solution if so.
I don't disagree. One thing that came to mind the other day, as I remembered how a family member of mine lost their job at a national airplane company. Their job prospects were very slim and required moving across the country. The industry is very specialized. I dislike tariffs as much as the next globalist but I do feel for family. Conflicted, you might say.
Re: Airbus hit as new US tariffs come into force
#6Tariffs don't hurt the producer as much as the consumer. But stupid politicians will tell you otherwise because they think they are smart!
Can you explain this a bit more? If there's a tariff on a component, wouldn't the buyer look for cheaper domestic replacements? So maybe a mix of both -- they pay more in the short term, but it gives domestic suppliers a better chance to win the business over the long term?
Re: Airbus hit as new US tariffs come into force
#7Is this an attempt to prop up Boeing from collapse? Really lame solution if so.
Boeing will never be allowed to collapse as it's the US's only competitor to Airbus and a major defense contractor.
Re: Airbus hit as new US tariffs come into force
#8"Among the goods to see an impact from the widened net of additional duty are European made wines, which will attract a 25% duty, and French and German-made aircraft parts, attracting a 15% tax."
As a French person, I can't help but feel like there's some sort of personal attack happening there. Wine and airplanes? Hey, I think you guys forgot to tax cheese and sarcasm while you're at it!
Let's hope that a new US administration will figure out healthier ways to trade with the EU, but I'm not holding my breath since these petty fights have been going on for more than a decade and more than a US president anyway.
edit: Funnily enough, there are some pretty bitter replies to my message. I'll remind all the preemptively angry commentators that I called the whole process "these petty fights" because it's not unilateral (not just the US taxing stuff but the EU too, as is literally pointed out in the article).
Re: Airbus hit as new US tariffs come into force
#9Tariffs don't hurt the producer as much as the consumer. But stupid politicians will tell you otherwise because they think they are smart!
How do you maintain wage and standard of living differentials with the rest of the world when transportation is as cheap as it currently is without a productivity gap, tariffs, or a carbon tax (increasing transportation cost) to make local manufacturing more attractive?
Besides, there are big strategic reasons to maintain a strong domestic aerospace industry, even if it increases costs in the short run.
Re: Airbus hit as new US tariffs come into force
#10Is this an attempt to prop up Boeing from collapse? Really lame solution if so.
It's to penalize AirBus for being propped by France and Germany, supposedly.
Wine and liquor got caught up in the mix somehow too.