Richard Aboulafia: March 2018 Letter

Dear Fellow Aero Trade Worriers,

Artificial intelligence. Election-manipulating trollbots. Dumb, bird-themed emojis. It’s just a matter of time before something computerized starts a war. And now, we’re part of the way there: a trade database is on the verge of starting a trade war. This month, the Trump Administration announced tariffs on 1,333 items imported by the US from China. US Trade Representative Ambassador Robert Lighthizer said the list was algorithmically generated and taken from the US International Trade Commission (ITC) Harmonized Tariff Schedule of the United States (HTSUS). Since China won’t confine its retaliation to US algorithms, the aerospace business may be in danger…. [More]

Richard Aboulafia: January 2018 Letter

Dear Fellow 2017 Skin-of-Teeth Survivors,

I’m way late with this year-end letter, but before the 365-day atrocity that was 2017 fades from our collective memory, I’d like to briefly summarize what just happened, from our industry’s perspective. Here’s my list of Highs, Lows, and Neithers. Highs first (strangely, for me, there were more highs than lows):… [More]

Richard Aboulafia: November 2017 Letter

Dear Fellow Seasonal Procrastinators,

It’s always like this for me at Christmas. I say I’ll buy gifts in advance, but then a few days before the great unwrapping, I run out and panic shop. The results are predictably hideous. In my defense, I’m Jewish, so this is all new to me. New for the last few decades, anyway.

I hope it isn’t the same for Boeing. Just four days before 12/25, the Wall Street Journal reported that Boeing was… [More]