Key Takeaways

  • The US has reached new trade agreements with Switzerland and South Korea eliminating tariffs on aircraft and parts.
  • Tariffs were previously imposed by the Trump administration, affecting Pilatus Aircraft deliveries to US customers.
  • The agreements restore tariff-free access for manufacturers and operators in both countries.
  • A 10% US tariff remains in place for aircraft imports from Brazil.
Pilatus Aircraft National Business Aviation Association

Strategic Implications

This development may indicate a shift towards more predictable trade policies in the aviation sector. The removal of tariffs could reduce costs for US customers and operators, supporting the industry’s competitiveness. However, the ongoing tariff on Brazilian goods suggests that some trade tensions remain unresolved.