U.S. aero group open to select tariffs supporting natl security, industry

The largest U.S. aerospace trade group on Friday opened the door to discussions on specific tariffs, after incoming President-elect Donald Trump suggested slapping duties on countries like Mexico and Canada.

Aerospace Industries Association (AIA), which represents U.S. planemaking and defense giants like Boeing and General Dynamics, waded in on the prospect of tariffs for the first time, saying in a statement it would discuss how to tailor them to protect national security and key industries.

The statement did not give specifics.

"We are eager to work with the Trump administration to discuss where tariff policy may support our products, while also ensuring the industry is empowered to continue growing in a way that supports U.S. national security needs and maintains our position as a leading high-technology, U.S.-centered manufacturing sector,” the statement said.

Trump's warning in November about potential 25% tariffs on imports from Mexico and Canada have already triggered threats of retaliation from Ottawa and raised concerns among sectors like automotive that the move could also hit U.S. industry.

In 2023, Canada was the top import country and third largest export destination for aerospace and defense trade with the United States, according to AIA. Mexico was not among the top five.