tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Howmet Aerospace could halt orders if hit by Trump tariffs, Reuters reports

Howmet Aerospace (HWM), which supplies parts for planes built by Airbus (EADSY) and Boeing (BA), could halt some shipments if they are impacted by tariffs announced by U.S. President Donald Trump, Reuters’ Allison Lampert and Tim Helper report, citing a letter seen by Reuters. Howmet said in the letter to customers that it has declared a force majeure event, a legal practice that allows parties to a contract to avoid their obligations if hit by unavoidable and unpredictable external circumstances.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1