U.S. Weighs Tariffs on Commercial Aircraft and Jet Engines

A notice from the Commerce Department on Friday indicated that the United States might introduce import duties on commercial airplanes, jet engines, and associated components. This action has the potential to considerably affect manufacturers based in Japan as well as others abroad.

According to the notification published in the Federal Register, the department has launched an inquiry into the importation of commercial airplanes, jet engines, and related components due to concerns over national security.

The investigation initiated on May 1 under Section 232 of the Trade Expansion Act of 1962 indicated that it would concentrate on assessing whether US demands could be fulfilled through domestic manufacturing capabilities and examining the impact of international supply chains.

According to that part of the legislation, the administration under President Donald Trump has implemented industry-specific tariffs, such as those on cars and steel, arguing that the present volume of imports threatens U.S. national security.

Officials from the Trump administration have mentioned that they might be looking into implementing import duties on critical industries like semiconductors and pharmaceuticals.