Dassault chief supportive of EU and US trade deal

Dassault Aviation CEO Éric Trappier expressed his support for the agreement reached between the European Union and the United States on the issue of customs duties.

Announced on Sunday, July 27th, the agreement ended a months-long standoff days before US President Donald Trump’s deadline to impose steeper tariffs.

The EU will pay 15% tariffs on goods, including cars, half the rate that would have come into effect on Friday had an agreement not been reached. Europe also agreed to buy US weaponry and energy offerings.

Also, the aerospace industry in both the US and Europe has been exempted from custom duties. 

Dassault’s Trappier said: “Dassault Aviation is pleased that the aerospace industry has been exempted from customs duties. This exemption is positive for manufacturers in this sector, on both sides of the Atlantic.” 

The EU deal follows a 90-day trade truce with China, as well as preliminary trade pacts the US signed with the UK, Japan, Indonesia, Vietnam and the Philippines. 

Last week, Dassault announced financial results for the first half of 2025 wherein it reported a 12% year-over-year increase in sales of business jets clocking in at €1.1bn ($1.2bn) bolstered by better pricing despite units sold staying flat compared to last year.