Aircraft
As Trade Wars Intensify, Embraer Evaluates Impact
U.S. and Brazil traded 50% tariff threats
Embraer Praetor 600 in flight
© Embraer

Embraer is assessing the impacts of the latest threat of U.S. tariffs, in particular to the Brazilian aviation industry, the airframer said, adding that it plans to address the topic more during its second quarter results call on August 5. The company further said that it is continuing to work with authorities to pursue a “zero import” tax on aviation.

U.S. trade wars ratcheted up again this week with the threat of 50% tariffs on products from Brazil beginning in August, once again thrusting a key aviation market into uncertainty. Brazil has responded with plans to impose similar tariffs on U.S. products just as the country prepares to host the Latin American Business Aviation Conference and Exhibition early next month.