Tariffs in the Stars: How Trade Wars Redefined the Economics of Space Exploration
Research Insight: Economic Friction in the New Space Race
The Trump administration’s imposition of steep tariffs on steel, aluminum, and a wide range of aerospace-related components significantly disrupted the cost structures and procurement strategies of both public and private space companies. What began as a move to protect domestic manufacturing inadvertently triggered a systemic shift in...
Flying into Headwinds: How Trump-Era Tariffs Reshaped the Urban Air Mobility Industry
As the Urban Air Mobility (UAM) industry accelerates toward a projected $41.5 billion market by 2035, one less-discussed but critical factor shaping its trajectory has been the impact of protectionist trade policies—specifically, tariffs introduced during the Trump administration.
These tariffs, aimed at reducing the U.S. trade deficit and revitalizing domestic manufacturing, had ripple effects...