GE Aerospace CEO Culp advocates tariff-free regime for aviation industry

Howmet Aerospace

22/04/2025 14:40

CHICAGO, April 22 (Reuters) - GE Aerospace GE.N CEO Larry Culp said on Tuesday he advocated re-establishing a tariff-free regime for the aerospace industry under the 1979 Civil Aircraft Agreement when he met with President Donald Trump.

In an interview with Reuters, Culp said the company's position was "understood" by the administration, adding that the zero-duty regime has helped the U.S. aerospace industry to enjoy a $75 billion annual trade surplus.

"I have argued that it was good and would be good for the country," Culp told Reuters.

 (Reporting by Rajesh Kumar Singh)

 ((rajeshkumar.singh@thomsonreuters.com; +1-313-484-5370; Reuters Messaging: rajeshkumar.singh.thomsonreuters.com@reuters.net))