WASHINGTON, D.C. – Association of Equipment Manufacturers (AEM) president Dennis Slater issued the following statement on the European Union announcement of additional tariffs on U.S. products as part of the WTO dispute between Boeing and Airbus: 

“With tariffs now impacting two-way trade of construction and agricultural equipment between the U.S. and the EU, we strongly urge both parties to quickly accelerate engagement and negotiate a solution to this dispute. Increased U.S. and EU tariffs have impacted several sectors with no ties to the civil aircraft industry and have especially hurt manufacturers of construction and agricultural equipment, as well as distributors and customers. At a time of tremendous upheaval, economies on both sides of the Atlantic cannot afford additional punitive tariffs.”