RTX and GE Aerospace Face Over $1 Billion Tariff Impact

New tariffs imposed by the U.S. government threaten to significantly impact RTX Corp. and GE Aerospace, leading to projected financial losses exceeding $1 billion for both companies. These tariffs primarily affect these aerospace giants due to their reliance on international trade. The consequences extend beyond immediate financial concerns as the sector faces potential market disruptions and an increase in retaliatory measures.