Beijing: China has asked its airline companies to stop delivery of jets from American aircraft manufacturer Boeing. This report was published on Tuesday. April 15 comes at a time when the tariff war between the US and China is becoming a cyclone. Bloomberg News has published this report citing knowledgeable sources. The report also states that American companies should also postpone the purchase of aircraft -related equipment and spare parts.
Since taking charge of Trump in January, the world’s two largest economies have been entangled in tariff war on each other. The US has imposed 145 percent tariffs on imports from China. In response, China has imposed 125 percent tariff on US imports.
The matter does not stop here. No side is ready to retreat on the tariff. Meanwhile, Chinese companies have ordered Boeing, one of the world’s largest aircraft manufacturing companies. Accordingly, aircraft worth billions of dollars were also prepared. Now, due to Chinese President Xi Jinping refusing to take aircraft and delay in spare parts, Boeing aircraft worth billions of dollars will remain in the company’s hangers. But without receiving compensation for the expenses incurred, the company will be in a serious financial crisis. Therefore, China believes that Trump will have to find a way out. This is also true. Spare parts will also be available. Thus, China has really turned his eyes closed.
In the midst of the post tariff war, China ordered its airlines not to take aircraft from Boeing first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
