AerCap CEO asks President Trump to expand zero-tariff plane pact, Reuters says

Aengus Kelly, the CEO of AerCap (AER), has called on U.S. President Donald Trump to renegotiate and expand a duty-free trade agreement for the aircraft industry to include newcomers, Tim Hepher and David Shepardson of Reuters reports. Kelly said the current trade crisis presents a chance to expand and improve the decades-old pact to ensure a level playing field. “It would be a fantastic win for the president if he could enhance and significantly improve the 1979 aerospace treaty, which has only got 33 countries signed up to anything, while countries like India and China are not in it,” Kelly said, according to Reuters.