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Senators from the US at an airshow reassure foreign defense companies and urge tariff-free trading

Nine?U.S. senators from both parties have formed a bipartisan group. Senators sought on Monday to reassure defense contractors of?American allies about the growing demand for their product and asked?the Trump Administration not to impose tariffs on aerospace products.

At the Farnborough Airshow, Republican Senator Jerry Moran said: "Our message is to encourage them to improve their capability to send a message that the signal of demand is real." "We're doing things in Congress to suggest that demand will only grow."

Moran said, "We must increase the demand for our country's protection." He added that the event would allow lawmakers to talk with Europeans, "to'reiterate and commit ourselves to the United States wanting to participate in global economy and national security.

Senator Jeanne Shaheen, a Democrat from the United States, said that the senators represented a wide swath in the country where aerospace was important. She said that the U.S. was exhibiting at Farnborough in its largest ever presence.

She pointed out that last year China was more visible at the Paris airshow. Shaheen stated that "the fact?that America has such a large?presence is important, not only for America's industry, but also the partnerships we need around the globe to improve not only our economic security, but our national safety."

Shaheen stated that the U.S., European Union and other countries need to collaborate in order to meet the?needs of defense and the backlog.

The U.S. Commerce Department announced earlier this month that it had finished a probe of imported commercial aircrafts, jet engines, and parts. It found foreign goods raised U.S. National Security concerns, but the Trump Administration is not?immediately seeking new tariffs.

After a brief tariff on aviation in 2018, the Trump administration bowed to pressure from the U.S. Aviation sector and agreed to exempt aircrafts and parts as part of trade deals.

Moran, Shaheen, and others oppose tariffs.

Eric Fanning CEO of the Aerospace Industries Association noted that the U.S. Aerospace and Defense industry saw a 25% increase in exports over the past?year, with more than two million U.S. employees. Fanning stated that "we are by far the world leaders."

Airplanes, parts and accessories have been exempt from tariffs since 1979 under the Civil Aircraft Agreement. The U.S. sector has enjoyed an annual surplus of $75 billion. (Reporting and editing by Alexandra Hudson; Reporting by David Shepardson)

(source: Reuters)