Finance, Taxes, Insurance
U.S. Inks Zero-tariff Aircraft Accord with Swiss, Koreans
Pilatus had paused deliveries to the U.S. until late October
Pilatus PC-12 and PC-24 in flight
Pilatus has resumed deliveries to U.S. customers. (Photo: Pilatus Aircraft)

NBAA welcomed the latest trade agreements with the Republic of Korea and Switzerland that each exempt aircraft and parts from tariffs. These agreements follow those already in place with the European Union, Canada, Mexico, and the UK, in line with the 1979 Agreement on Trade in Civil Aircraft.

That agreement provided for a fair and tariff-free trade environment among 30 countries. Korea and Switzerland are both signatories of the agreement. Meanwhile, a 10% U.S. tariff remains in place on aircraft products from Brazil.

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