Escalation of the trade war: China suspends Boeing deliveries.


China bans the delivery of Boeing aircraft due to trade war with the USA
According to sources, China has ordered its airlines to stop further deliveries of aircraft from Boeing. This decision has been made due to the escalation of the trade war between the countries.
Beijing also demands that Chinese carriers halt purchases of aviation equipment and spare parts from American companies.
This decision was made after China imposed a 125% tariff on American goods. These tariffs have nearly doubled the cost of aircraft and spare parts produced in the USA, making the purchase of Boeing aircraft unacceptable for Chinese airlines.
Informants also note that the Chinese government is considering providing financial assistance to airlines that lease Boeing aircraft and face significant operating costs.
Currently, ten Boeing 737 Max aircraft are being prepared for delivery to Chinese carriers, including China Southern Airlines Co., Air China Ltd., and Xiamen Airlines Co. Some of them are already at Boeing's facility in Seattle, while the rest are at the finishing center in Zhoushan, eastern China.
Information from sources indicates that some documents for the delivery and payment of these aircraft may have been processed before the introduction of Chinese tariffs on April 12. This may allow these planes to enter China separately.
Read also
- Own Business: Ukrainians Received 200 Million UAH for the Implementation of Business Ideas
- Trump excludes ceasefire with Iran and sets a main demand for the regime
- Ukraine on the Brink of Environmental Catastrophe: Threat of Crop and Water Loss
- Poland demands to limit the admission of Ukrainian students: what is the issue
- Payments until Independence Day: PFA step by step showed how to apply for a one-time assistance
- Citrus Surprise: How Prices for Bananas, Oranges, and Lemons Changed This Summer