Transportation
Boeing CEO Says Tariffs Risk Higher Costs, Supply Disruption
A nearly completed Boeing Co. aircraft at the end of a production line at the company's facility in Everett, Washington.
Photographer: Mike Kane/BloombergThis article is for subscribers only.
Boeing Co. Chief Executive Officer Kelly Ortberg told employees that tariffs imposed by President Donald Trump risk driving up costs, highlighting the fragility of a finely tuned supply-chain network that now faces disruption.
The tariffs would mean higher costs for certain parts purchased from Canada, such as landing gear, Ortberg said during his second companywide address to workers on Wednesday. The CEO said his bigger concern, however, is tariffs turning into “a continuity of supply issue.”