Reported about 1 month ago
Recent tariffs imposed by President Trump on imports from Mexico, Canada, and China are raising alarms in the aircraft manufacturing sector. Analysts warn that increased costs and potential disruptions in the global supply chain could lead to significant price hikes and operational challenges for companies like Boeing, which relies on a complex network of over 700 suppliers. The tariffs could particularly impact the cost of imported electronic components, prompting manufacturers to reconsider their sourcing strategies amidst a climate of uncertainty.
Source: YAHOO