On Sunday, July 27, the Trump Administration announced a trade deal between the United States and the European Union (EU), which has been reported as providing preferential duty-free treatment of civil aerospace goods. General Aviation Manufacturers Association (GAMA) president and CEO, James Viola, issued the following statement regarding the deal:
“We commend the Trump Administration and EU Commission officials for working together to support the civil aerospace supply chain and foster the health and growth of the aerospace industry. The global success of the general aviation manufacturing industry drives innovation, enhances safety and strengthens economic opportunity. This deal, along with the previously announced US-UK Economic Prosperity Deal, will help provide stability for the industry and drive competitiveness. We are grateful that the Trump Administration has acknowledged the value of a zero-tariff environment for civil aerospace with these trading partners and urge the Trump Administration to further support for the Agreement on Trade in Civil Aircraft with other trading partners.”
