Boeing CEO Expects Tariffs to Raise Prices, Disrupt Supply Chain, Bloomberg Says

Dow Jones

03-07

-Boeing Chief Executive Kelly Ortberg told employees of the aerospace company that the tariffs imposed earlier this week could drive up costs for certain parts purchased from Canada and cause broader disruptions to supply chains, Bloomberg reported Thursday.

-Ortberg reportedly said his bigger concern is a continual supply-chain disruption that could be "really, really expensive for us" if Boeing can't access certain supply-chain components.

-Ortberg reiterated that Boeing is working with Elon Musk's Department of Government Efficiency to speed delivery of the new Air Force One aircraft for President Trump.

-Boeing didn't immediately respond to a request for comment.

Full article at https://www.bloomberg.com/news/articles/2025-03-06/boeing-ceo-says-tariffs-risk-higher-costs-supply-disruptions?srnd=homepage-americas

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

March 06, 2025 12:23 ET (17:23 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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