Trump plans new tariffs on aircraft parts - Europe threatens to retaliate!
Trump plans new tariffs on aircraft parts - Europe threatens to retaliate!
Washington, USA - The plans of US President Donald Trump to raise import duties on aircraft parts ensure considerable need for discussion in the international trade community. According to t-online.de wants to go to a new "standard for tumbling until the end of June Introduce aircraft parts. This measure aims to protect the domestic industry and ensure fair trade practices. The step could increase the aviation sector in the already existing trade conflict.
In April 2025,Trump had already imposed increased import duties against trading partners worldwide, including a doubling of tariffs to steel and aluminum from the EU. In May 2025, the EU published a list of possible counter -tariffs, which also includes aircraft. Airbus boss Guillaume Faury spoke out for retaliation duties on Boeing machines. These developments raise questions about how the World Trade Organization (WTO) will react to the conflict. A little attention from 1980 provides a duty for trading in passenger machines and aircraft parts, which may be questioned under these conditions.
EU reacts to US tariffs
In the context of the trade conflicts, the EU plans to collect special tariffs on US exports worth up to 95 billion euros, as . These tariffs could affect industrial and agricultural products such as cars, sweet potatoes and whiskey. Negotiations with the United States are running until July, but Trump threatens other special tariffs, the EU should not show enough accommodation.
The EU Commission sees the US tariff as not justified and intended to sue the USA at the WTO. "It is crucial that we reach an agreement to defuse the trade conflict," said Ursula from the Leyen, President of the EU Commission. In addition, the European countries are planning to consider export restrictions for products worth 4.4 billion euros, such as steel scrap and chemical products.
global effects of the customs dispute
The effects of the customs dispute on the global economy are also not to be ignored. According to a forecast of the world trade organization (WTO), a decline in global trade volume in 2025 is expected of at least 0.2 percent, in the worst case even 1.5 percent, which is favored by Trump's tariffs. Without the customs disputes, growth of around three percentage points would have been possible. The USA and Canada are particularly affected, where the forecast for GDP growth was reduced to only 0.4 percent, while two percent were previously expected. Exports in North America are expected to decrease by 12.6 percent, while imports are likely to drop by 9.6 percent.
In contrast, Europe will be less affected; Here an export plus is expected of one percent and an import plus of 1.9 percent. Nevertheless, the WTO has reduced economic growth to 1.2 percent for Europe. The Situation is tense and it remains to be seen how the negotiations will develop in the coming weeks.
In summary, it can be said that the trade conflicts between the United States and the EU significantly only influence economic relationships, but also the global trading market. The coming time will be decisive to find possible solutions.| Details | |
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| Ort | Washington, USA |
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