This is NOT Trump’s tariff!!!!!!!!!!!!!!!!!!!!!
I make no secret of my disdain for Trump, but he is not to blame for this.
These new tariff’s are the result of a finding that European Governments illegally subsidized Airbus giving it an unfair trade advantage over Boeing. The court found in Boeing’s favor and ordered the US institute XXX dollars of tariffs on goods from these offending countries to make up the lost export business by Boeing.
There is another case pending with Airbus accusing the USA of the same action to support Boeing. If Airbus wins, next year the host countries will institute tariff’s on US goods to make up Airbus losses.
Consumers don’t but commercial airplanes, but they will pay the cost of government interference in airplane sales.