Transportation
Airbus Tells US Airlines They’ll Need to Pay for Own Tariffs
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Airbus SE said it won’t cover the cost of tariffs on its planes imported by US airlines, setting up a clash with carriers unwilling to shoulder surcharges imposed by President Donald Trump.
The European planemaker is responsible for any added duties on supplies it imports to its own aircraft assembly plant in Mobile, Alabama, and then sells on to customers, Airbus Chief Executive Officer Guillaume Faury said on a conference call after reporting first-quarter results.