Chinese airlines are under instructions not to take delivery of planes from US manufacturer Boeing, according to a Bloomberg report. It comes as trade war between Beijing and Washington continues to gain momentum.
Boeing says China is the biggest market for its planes outside the USImage: Markus Mainka/CHROMORANGE/imago imagesChina has told its airlines to halt deliveries of jets from US planemaker Boeing and to suspend their purchase of aviation equipment and parts from US companies in general, a report by financial news outlet Bloomberg said on Tuesday.
The instructions from Beijing come as the world’s two biggest economies impose tit-for-tat trade levies on each other in an escalating trade war.
Bloomberg said the Chinese government was also considering helping airlines that lease Boeing jets and are now facing higher costs.
Such a move could prompt Chinese airlines to consider alternatives from Europe’s Airbus and homegrown manufacturer Comac.
Beijing slams ‘bullying’ from Washington
China has reacted to the tariffs of up to 145% imposed by the Trump administration on Chinese imports by slapping duties of 125% on imports from the US, calling the moves by Washington unlawful acts of “bullying.”
The Chinese tariffs on US imports would likely have caused the cost of bringing in aircraft and components to rise considerably.
Since US President Donald Trump took office in January, he has unleashed a barrage of tariffs on foes and allies alike.
Source: https://www.dw.com/en/china-halts-delivery-of-boeing-jets-report/a-72248102
