Adjusting Imports of Commercial Aircraft, Jet Engines, and Aircraft and Engine Parts Into the United States
ProclamationStatementSigned 07/09Federal Register 07/15Open the original
Summary
President Trump directs further discussions and negotiations over imports of commercial aircraft, jet engines, and associated parts under section 232. The proclamation does not impose immediate tariffs on those products.
By industry
- Tariffs & Reshoring1 trading day−1.6%p15 stocks5 trading days+1.4%p15 stocks20 trading days+10.1%p15 stocks
“no immediate tariffs be imposed under section 232”
- Defense1 trading day−1.9%p15 stocks5 trading days−3.9%p15 stocks20 trading days+2.9%p15 stocks
“including defense, cargo, transportation, and tourism”
Day by day after the announcement
| Day | Tariffs & Reshoring stocks | S&P 500 |
|---|---|---|
| 26/07/08 | 0.0% | 0.0% |
| 26/07/09 | −0.7% | +0.9% |
| 26/07/10 | +0.5% | +1.4% |
| 26/07/13 | +0.9% | +0.5% |
| 26/07/14 | +2.3% | +0.9% |
| 26/07/15 | +2.8% | +1.3% |
| 26/07/16 | +1.6% | +0.7% |
| 26/07/17 | +0.8% | −0.3% |
| 26/07/20 | −0.2% | −0.4% |
| 26/07/21 | +2.3% | +0.4% |
| 26/07/22 | +3.3% | +0.2% |
| 26/07/23 | +6.1% | −0.8% |
| 26/07/24 | +7.0% | −0.9% |
| 26/07/27 | +6.6% | −0.8% |
| 26/07/28 | +8.0% | −0.6% |
| 26/07/29 | +3.8% | −1.7% |
| 26/07/30 | +3.8% | −0.3% |
| 26/07/31 | +4.5% | −0.0% |
| 26/08/03 | +6.0% | +1.8% |
| 26/08/04 | +11.8% | +3.7% |
| 26/08/05 | +13.7% | +3.6% |
Korean stocks in these industries
- Hyundai Steel 004020
- POSCO Holdings 005490
- SeAH Steel Holdings 003030
- Hanwha Aerospace 012450
- Korea Aerospace Industries 047810
- LIG Defense & Aerospace 079550
- Hyundai Rotem 064350
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Kevin Hern
Full saleBoeing
Full saleBoeing
BA
$15K–$50K
Joint
$15K–$50K
Reported 09/01
Traded 08/13
- Kevin Hern
Full saleBoeing
Full saleBoeing
BA
$1K–$15K
Joint
$1K–$15K
Reported 09/01
Traded 08/13
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$2.7M
13,269 sh
$2.7M
Filed 06/24
Traded 06/22
- Mark Malcolm
SellGeneral Dynamics
SellGeneral Dynamics
GD
$1.2M
3,210 sh
$1.2M
Filed 06/22
Traded 06/17
- Mark Malcolm
SellGeneral Dynamics
SellGeneral Dynamics
GD
$828.6K
2,270 sh
$828.6K
Filed 06/22
Traded 06/17
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$746K
3,783 sh
$746K
Filed 06/24
Traded 06/24
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$719K
3,641 sh
$719K
Filed 06/24
Traded 06/23
- Gilbert Cisneros
Full saleAeroVironment
Full saleAeroVironment
AVAV
$1K–$15K
Self
$1K–$15K
Reported 09/04
Traded 07/02
- Susan M. Gordon
SellCaci International
SellCaci International
CACI
$132.1K
264 sh
$132.1K
Filed 06/18
Traded 06/16
- Phillip D. Carrai
Sell10b5-1 planKratos Defense & Security Solutions
Sell10b5-1 planKratos Defense & Security Solutions
KTOS
$208.8K
3,600 sh
$208.8K
Filed 06/17
Traded 06/15
- Phillip D. Carrai
Sell10b5-1 planKratos Defense & Security Solutions
Sell10b5-1 planKratos Defense & Security Solutions
KTOS
$154.7K
2,700 sh
$154.7K
Filed 06/17
Traded 06/15
- Marie Mendoza
Sell10b5-1 planKratos Defense & Security Solutions
Sell10b5-1 planKratos Defense & Security Solutions
KTOS
$46K
800 sh
$46K
Filed 06/17
Traded 06/15
- Stephen F. Page
Sell10b5-1 planAeroVironment
Sell10b5-1 planAeroVironment
AVAV
$43.6K
250 sh
$43.6K
Filed 06/16
Traded 06/15
- Marie Mendoza
Sell10b5-1 planKratos Defense & Security Solutions
Sell10b5-1 planKratos Defense & Security Solutions
KTOS
$34.9K
600 sh
$34.9K
Filed 06/17
Traded 06/15
- Phillip D. Carrai
Sell10b5-1 planKratos Defense & Security Solutions
Sell10b5-1 planKratos Defense & Security Solutions
KTOS
$11.8K
200 sh
$11.8K
Filed 06/17
Traded 06/15
- Marie Mendoza
Sell10b5-1 planKratos Defense & Security Solutions
Sell10b5-1 planKratos Defense & Security Solutions
KTOS
$5,945
100 sh
$5,945
Filed 06/17
Traded 06/15