Embraer Warns of Delays and Cancellations of Orders on Tariffs

Embraer SA warned the aircraft manufacturer will be battling order cancellations and delays if US President Donald Trump’s punitive tariffs are implemented.

“We don’t have any cancellation issues at this point in time, but mid-term, this might happen,” Chief Executive Officer Francisco Gomes Neto said in an interview with Bloomberg Television’s Haslinda Amin on Sunday at the Association of Southeast Asian Nations summit in Malaysia.

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,” he said. Neto ...