Airbus urges return to zero-tariff deal in aerospace trade

AWANI

The head of Europe's Airbus is calling for a return to tariff-free trade in the aerospace sector. CEO Guillaume Faury joins a growing number of U.S. industry leaders urging relief from the escalating tariff war.

Transcript

00:00In other news, the head of Europe's Airbus is calling for a return to tariff-free trade in the aerospace sector.

00:07He joins a growing chorus of U.S. industry leaders urging relief from an escalating tariff war.

00:15CEO Guillaume Forry warned the dispute could lead to only losers,

00:20though current tariffs have had limited direct impact on supply chains so far.

00:24In Washington, an aviation coalition is pressing lawmakers and the White House to lift tariffs

00:30and instead enforce the 1979 treaty brokered by the World Trade Organization.

00:36The CEOs of several companies, including Boeing and GE Aerospace,

00:40have directly raised the issue with U.S. President Donald Trump, who has said tariffs will boost American jobs.

00:47European officials said aerospace sectors in the U.S. and European Union are each other's biggest customers,

00:53even though they are home to bitter rivals Airbus and Boeing.

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