Everyone Loses From Slapping Tariffs on Aircraft—Heard on the Street
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If any winners emerge from the trade war started by the Trump administration, the aviation industry certainly isn’t going to be among them. Shares in aerospace manufacturers such as Boeing, Airbus, GE Aerospace and Rolls-Royce plummeted Thursday as a result of Trump's “Liberation Day” announcements. Airbus’s plant in Alabama would face a cost surge, but so would Boeing’s many U.S. assembly lines.