Embraer (ERJ) has warned it will be battling with order cancellations and delays if U.S. President Donald Trump’s tariffs are implemented, Ambereen Choudhury and Danny Lee of Bloomberg reports. In an interview with Bloomberg Television, CEO Francisco Gomes Neto said it would be bad for “the US industry because if we make fewer aircraft, we buy fewer equipments from the US. That’s why the zero tariffs is important.” Additionally, Neto estimated the tariffs could add on $2M per aircraft.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ERJ:
- Embraer Announces Redemption of 2028 Notes
- Embraer Achieves Record Backlog and Milestones in 3Q25
- Embraer price target raised to $70 from $65 at BofA
- Cautious Outlook on Embraer SA: Sell Rating Amid Execution Risks and Market Uncertainties
- Citigroup Upgrades Embraer SA to ‘Buy’ Amid Strategic Expansion and Growth Prospects