Aerospace firms gird for protectionism under Trump, says Airbus CEO

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Aerospace firms gird for protectionism under Trump, says Airbus CEO - Business Standard

Quick Summary:

Airbus is expected to announce later on Thursday that it made 766 deliveries in 2024, up 4 per cent from the previous year, coupled with a slowdown in orders from record highs in 2023.

Following Russia's invasion of Ukraine, the sector has said defence should represent a greater percentage of portfolios, while sustainable investors in Europe have remained opposed.

Trump has threatened tariffs on foreign goods as part of an economic agenda to "put America first".