Quantcast

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

Airbus CEO warns Trump's proposed tariffs may harm US economy
Policy
Webp received 1680156820051996
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.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

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.

Organizations Included in this History
More News

London Heathrow, recognized as Europe's busiest airport, will soon experience an increase in its flight offerings by Oman Air.

Sep 2, 2025

Minneapolis–St. Paul International Airport will commence safety and airfield improvement projects on Runway 12R-30L in two distinct phases throughout 2025.

Aug 22, 2025

Delta Air Lines is adjusting its service between Atlanta and Anchorage, extending flights beyond the summer travel season to a year-round offering.

May 15, 2025

In December 2022, Southwest Airlines faced a major crisis as operational challenges led to the cancellation of 16,900 flights, affecting nearly two million passengers during a peak travel period.

Apr 19, 2025

Harrison Ford, an acclaimed actor known for roles such as Han Solo in "Star Wars" and Indiana Jones, is also a noted aviation enthusiast.

Apr 19, 2025

Iberia Airlines has confirmed a notable shift in its flight schedule connecting Madrid and Dallas/Fort Worth, introducing its first overnight service from Europe to the US.

Apr 19, 2025