Oct. 27, 2017, © Leeham Co.: The US is considering new trade sanctions against Russia, and Russia is considering retaliatory sanctions, that could have major implications in US aerospace—including on Boeing.
The US sanctions would be for meddling in the US presidential election in 2016 and for activities in Eastern Europe. The Russian sanctions are a tit-for-tat retaliation if the US sanctions are adopted.
Among the Russian companies that may be targeted:
Russia’s equivalent of the US Senate approved a law that will allow the government to retaliate with sanctions of its own against US interests. Additional approvals are required before implementation.
“In particular, Russia may restrict supplies of titanium to Boeing Corporation. Presently, titanium exports to the USA are operated by VSMPO-Avisma. According to various experts, the US aircraft construction industry depends on the export of titanium from Russia on the level of 40-60% of the total amount,” the state-run Pravda reports.