GE Passing Along Some Tariff Fees to ‘Buffer Out’ Against Costs

General Electric Co. is exercising some cost increases to pass on additional charges caused by US President Donald Trump’s tariffs, as the world’s largest aircraft engine maker advocates for a return to a duty-free regime that long underpinned the industry.

The company has about $500 million in residual cost challenges stemming from the tariffs, Chief Executive Officer Larry Culp said in an interview with Bloomberg Television in New Delhi. As a result, GE is in close contact with its supply chain, exercising a duty drawback option but also “passing along some of that residual tariff pressure to customers,” he ...