Finance, Taxes, Insurance
Embraer: Tariffs Not Denting U.S. Bizjet Sales
Embraer Executive Jets president Michael Amalfitano spoke to investors in New York
Embraer Praetor jet
Embraer says it is still selling executive jets, including the Praetor 600, to U.S. buyers despite a 10% tariff on imports from Brazil.

Sales of Embraer’s business jets in the U.S. have not been dented by the tariffs imposed by President Trump on products imported from Brazil, according to Embraer Executive Jets president and CEO Michael Amalfitano. Speaking at an investors’ day event at the New York Stock Exchange on Tuesday, he expressed optimism that Brazil’s aerospace sector might win a full exemption from the current 10% tariff rate for aircraft and their components.

Amalfitano noted that under the 1979 Agreement on Trade in Civil Aircraft there have been no tariffs on aerospace until President Trump’s “Liberation Day” announcement on April 2. “That is where we’re going to go back to as an industry. The industry is very committed to that, to go back to zero-tariff regime,” he stated.