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China has reportedly ordered its airlines not to take any further deliveries of Boeing jets, the latest move in its tit-for-tat trade war with the US.
The Chinese government has asked carriers to stop purchases of aircraft-related equipment and parts from American companies, according to a report from Bloomberg, which cited people familiar with the matter.
The order from Beijing reportedly came after it announced its retaliatory tariffs of 125% on US goods over the weekend.
Beijing is considering ways to support airlines that lease Boeing jets and are facing higher costs, according to the report.
About 10 Boeing 737 Max jets are being prepared to join Chinese airlines, and if delivery paperwork and payment on some of them was completed before Chinese reciprocal tariffs came into effect,…more
Source www.theguardian.com
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