President Trump has talked about border tariffs and new trade deals that people in aerospace fear could raise the cost of American airplanes bought by foreign airlines and government. The president is proposing a forty-five percent tariff on imports from China, and a twenty percent tariff on goods from Mexico. If business costs go up, Boeing would probably not be able to raise prices to cover the difference, because then it would lose customers to Airbus. If these trade wars do take come to be a reality this may mean a big loss of jobs in the aerospace field This field is very diverse and the supply chain and logistics of it is very long and complicated. There are so many smaller companies that send parts to bigger companies like Boeing, so if there is a shift in the market it effects a lot of people. The fact that Trump is already making big trade changes can have multiple effects on the market and job security, and it can effect people all over the world. The notion of "Buy American" may become great again in the White House and if big aerospace manufacturers shift their purchasers to suppliers in the US. This may be beneficial to suppliers here, but people over seas will lose jobs and this could also have unknown effects on our market and the supply chain of the field.
https://www.nytimes.com/2017/02/23/us/trump-talk-rattles-aerospace-industry-up-and-down-supply-chain.html?_r=0
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