Boeing CFO warns of tariff impact on parts supply - Breaking The News

Boeing CFO warns of tariff impact on parts supply

19 March

1 min read

EPA-EFE/CAROLINE BREHMAN

Boeing's Chief Financial Officer Brian West expressed concerns Wednesday about how President Donald Trump's tariffs could disrupt the availability of aircraft parts from suppliers.

Speaking at a Bank of America industrials conference, West reassured investors that the company has sufficient inventory to manage in the short term.

However, he noted that Boeing anticipates a $150 million charge in the first quarter due to the tariffs.

tariffs trade war boeing

Related Stocks

Boeing Company

WH: Big tariffs coming in April

17 hours ago

White House Press Secretary Karoline Leavitt confirmed on Thursday while talking to journalists that "there will be big tariffs" going into effect at the beginning of April."[United States President Donald Trump] has been very clear with his intentions for April 2. It's going to be a big day ... There will be big announcements when it comes to reciprocal trade," she noted. Leavitt underlined that on that day, Trump will be highlighting "the unfair trade practices...

Mexico's Ebrard to meet US's Lutnick today on tariffs

19 hours ago

Mexican Economy Secretary Marcelo Ebrard (pictured) said on Thursday he is traveling to Washington today for talks with US Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer. The discussions aim to make progress on the deadlines, concessions, or application methods for US tariffs on Mexican imports.The meeting comes as Mexico weighs its response to the 25% tariffs imposed by the US on steel and aluminum. Previously,...

EU delays response to US tariffs until mid-April

20 hours ago

European Commissioner for Trade and Economic Security Maros Sefcovic announced on Thursday that the European Union will delay its response to the United States' latest tariffs from April 1 to mid-April to provide more time for negotiations.Speaking at the European Parliament Committee on International Trade's (INTA) meeting in Brussels, Sefcovic said that if the EU and the US do not reach a deal, the bloc will come up with a "firm, proportionate, robust,...

Lagarde: US tariffs to lower EU's growth by 0.3 percentage points

20 March

European Central Bank (ECB) President Christine Lagarde said on Thursday that the United States 25% tariffs on the imports from Europe would lower the Eurozone's growth by about 0.3 percentage points in the first year."A European response in the form of raising tariffs on US imports would further increase this to about half a percentage point. The brunt of the impact on economic growth would concentrate around the first year after the rise in tariffs; it would...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.