China Reportedly Exempts Jet Engines, Parts from Tariffs
China has reportedly lifted proposed tariffs on certain aircraft components, including jet engines, nacelles, and landing gear, amid ongoing trade tensions with the United States. Safran Aircraft Engines CEO Olivier Andries confirmed during an April 25 earnings call that these parts will be exempt from tariffs.
“The tariff situation is very uncertain and can change very quickly,” Andries said. “China has decided to exempt deliveries of engines, nacelles, landing gear, or parts to China.”
Safran, which manufactures LEAP engines through its joint venture with General Electric for use in Boeing, Airbus, and COMAC aircraft, also supplies components such as oxygen systems and nacelles for COMAC’s C919 program. The company operates manufacturing facilities in France and the United States.
Although the Chinese government has not formally confirmed the exemptions, several media outlets report that Beijing has rolled back its planned 125% tariffs on key U.S.-sourced aerospace components. The move comes in response to the U.S. announcing a 145% tariff on Chinese imports, which is currently suspended for 90 days.
The trade conflict has already impacted Boeing, with Chinese carriers ordered to halt aircraft deliveries, forcing Boeing to repatriate jets previously staged in China and prepare them for remarketing.
During a Chinese Foreign Ministry briefing on April 25, spokesman Guo Jiakun declined to confirm the exemptions, stating, “China and the US are not having any consultation or negotiation on tariffs.”
Safran reported EUR7.26 billion (USD8.25 billion) in Q1 2025 revenue and is taking mitigation steps to limit exposure to the volatile trade environment.
Related News: https://airguide.info/category/air-travel-business/airline-finance/
Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com