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.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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