“The newly proposed tariff announcements may affect a certain weight category of business jet aircraft being imported into China. This could influence buyer’s decision making, having an effect on manufacturers and the wider business aviation industry, although it is too early to predict the magnitude of any potential impact.
AsBAA does not comment on public policy, however, we are concerned about the consequences of a growing trade dispute in the medium term. Because of these decisions, many industries and individuals in both the United States and China could be negatively impacted in the supply chain. AsBAA’s priority is to continue to represent the needs of our members, advocating the positive economic impact business aviation brings while finding solutions that allow business and trade to continue as normal, despite these political issues.
We look forward to a productive tradeshow at ABACE2018 where we expect further discussions on the topic. The bigger picture from the China and ASEAN market sectors for business aviation remains buoyant. AsBAA advises its members to treat these announcements with caution while we await further clarity on the potential impact of the tariffs before we take any necessary actions to counter such measures”.
Jenny Lau, Chairperson, AsBAA