GE Aerospace CEO Culp advocates tariff-free regime for aviation industry

Quick Summary:

Trump's trade war has created the biggest uncertainty for the aerospace industry since the COVID pandemic.

Meanwhile, one of its prominent suppliers Howmet Aerospace has warned that it may halt some shipments if they are impacted by tariffs.

Tariffs are estimated to cost GE Aerospace more than $500 million this year.

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Article Details

Category: BusinessFinance

Markets: IndiaFrance

Topics: Aviation industry Us aerospace Ge aerospace Tariff-free trade Larry culp Leap 1a engine Civil aircraft agreement Supply chain risks Trump trade policy Engine deliveries

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-22 @ 21:26:20 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 485 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28154026

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Main Topics: BusinessFinance

Official Website: business-standard.com

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Year Established: 1975

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News Last Updated: 3 hours ago

Coverage Areas: India

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