GE Aerospace (GE) stock plummeted 6.40% in Thursday's trading session, as investors reacted to the announcement of new tariffs that could severely impact the aerospace industry. The sharp decline came amid broader market turmoil, with the S&P 500 and Dow Jones Industrial Average also experiencing significant losses.

The sell-off was triggered by President Trump's "Liberation Day" announcements, which included the imposition of 20%, 24%, and 10% tariffs on goods imported from the European Union, Japan, and Britain, respectively. These tariffs could have far-reaching consequences for the aerospace sector, potentially disrupting global supply chains and increasing costs for manufacturers like GE Aerospace.

GE Aerospace, a major player in the industry, is particularly vulnerable to these new trade restrictions. The company's best-selling engines for the Airbus A320 and Boeing 737 MAX are produced through a 50-50 joint venture with France's Safran. This partnership could face significant challenges if the tariffs are applied to aircraft parts, potentially leading to higher production costs and reduced competitiveness in the global market.

As the aerospace industry grapples with these new trade tensions, investors are bracing for potential disruptions in production schedules, increased costs, and uncertain demand. The full impact of these tariffs on GE Aerospace and the broader aviation sector remains to be seen, but Thursday's stock performance clearly reflects the market's immediate concerns about the company's future prospects in this challenging trade environment.