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Airbus CEO warns Trump's proposed tariffs may harm US economy

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Airbus CEO warns Trump's proposed tariffs may harm US economy
Policy
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Guillaume Faury CEO of Airbus | Airbus Website

At the Airbus Summit 2025 in Toulouse, Airbus CEO Guillaume Faury expressed concerns about potential tariffs threatened by US President Donald Trump. Faury emphasized that these tariffs could primarily affect US consumers and businesses rather than those in Europe or elsewhere.

Faury highlighted the uncertainty surrounding the application of these tariffs, including their specific details, affected sectors, and overall scope. He stated that it remains unclear how these measures will impact Airbus and Europe as a whole.

President Trump had previously warned of imposing 25% tariffs on all European goods. Another wave of tariffs is expected to be announced at the start of April, but it is uncertain whether Europe will be included.

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In response to media questions, Faury remarked that they would have to "wait and see what tariffs, when stabilized, will really look like." He noted questions about both the nature and scale of the tariffs and their range in the aviation industry. "The jury's out for us to understand what we will be up against," he said.

Airbus has been examining potential scenarios despite limited information. "We've looked at plenty of scenarios of what could potentially happen," Faury explained. "In most cases, it's very damaging to the US industry."

Faury also stressed the importance of avoiding a tariff domino effect globally. He urged other countries to remain calm in response to US tariffs: "I think it's really important that in the rest of the world that is not speaking about tariffs."

Christian Scherer, CEO of Airbus' Commercial Aircraft division, echoed Faury's sentiment regarding uncertainty: "I think it's fair to say that it's much too early to talk about a Trump effect on aviation if you're referring to tariffs."

The next significant update on this issue is expected in April when new tariff announcements may occur.

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