RT
China has ordered its airlines to stop accepting Boeing jets as the trade war with the US continues to escalate, Bloomberg wrote on Tuesday, citing anonymous sources familiar with the matter.
This development follows a series of reciprocal tariff hikes between the two nations. Last week, Washington increased tariffs on Chinese imports to a total of 145%. In response, Beijing imposed 125% tariffs on American imports and restricted exports of minerals essential for high-tech manufacturing.
Beijing has also asked Chinese airlines to stop any purchases of parts or aircraft-related equipment from US companies, according to Bloomberg.
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China’s top three airlines – Air China, China Eastern Airlines and China Southern Airlines – had plans to receive 45, 53 and 81 planes from the US aerospace giant, respectively, over the next two years, according to Reuters
China is one of the biggest markets for aircraft, and has in the past accounted for up to a quarter of Boeing’s output.
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