How a border tax could divide Boeing and its suppliers
(WorldNews Business)

By Alwyn Scott SEATTLE, March 24 (Reuters) - A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers like Boeing Co and the thousands of smaller companies that supply them, according to suppliers and tax and trade experts. U.S. automakers and other manufacturers that rely on imported components also would be affected by the proposals, which would tax imports at a 20 percent rate, and could split these sectors into winners and losers. The revamp would heighten existing tensions in the aerospace industry, where Boeing`s aggressive cost-cutting driven by fierce competition with European rival Airbus has pushed suppliers to lower prices and...