Regulations and Government
NBAA Applauds U.S.-EU Tariff Framework Exempting Aircraft
Industry group hails renewed fair and balanced trade
Dassault Falcon 10X
Aircraft made in Europe, such as this Dassault Falcon business jet, will be exempt from U.S. import tariffs.

The National Business Aviation Association welcomed the return to zero-for-zero tariffs on civil aircraft and parts under a new U.S.-European Union trade framework that takes effect September 1. The group noted the Framework on an Agreement on Reciprocal, Fair, and Balanced Trade restores balance for an industry long supported by the 1979 Agreement on Trade in Civil Aircraft.

NBAA president and CEO Ed Bolen said, “The agreement marks a vital step toward reestablishing a fair and balanced trade environment. It supports continued innovation in aerospace, strengthens the United States’ global leadership in aviation safety, and helps sustain the significant trade surplus that the U.S. aerospace industry has achieved over many decades.”