Arlington, Va – The Aerospace Industries Association (AIA) has expressed support for a new trade agreement between the United States and the European Union. This deal, announced by President Trump, aims to eliminate tariffs on commercial aircraft and jet engines.
Eric Fanning, President and CEO of AIA, emphasized the benefits of reducing trade barriers with European allies. He stated that such agreements deter adversaries, strengthen relationships, and boost the American aerospace and defense workforce. "Trade deals that open markets drive innovation, competition, and create American jobs in all 50 states," Fanning said. He highlighted the significance of zero-for-zero tariffs on commercial aerospace products.
Fanning noted AIA's role in advocating for agreements that have fueled growth in the sector. He expressed gratitude towards President Trump and his administration for recognizing the sector's importance to national and economic security. AIA looks forward to continuing its advocacy as these deals take shape.
Additionally, Fanning mentioned the importance of ensuring U.S. defense products are not excluded from the E.U. market due to long-standing reciprocal transatlantic defense trade relationships.
