Beijing : Tariff war between America and China is intensifying day by day. The US has imposed 145% mutual tax on China. China has also requested to end taxes. But Trump has refused to lift the ban on China. Meanwhile, China has also given a major blow to Trump. This tariff war is now expected to affect the aviation sector as well. Because China has given a big blow to American Boeing airlines.
According to the information received, China has ordered the country’s companies not to take delivery of American Boeing Jets aircraft. These companies have been instructed not to buy aircraft equipment and other parts from the United States. This has shocked America.
Big shock to American aviation sector
Trump has greatly increased import duty on Chinese products. Products coming from China have been taxed at 145%. In response, China has also imposed 125% tariff on US imports. In addition, in this background, Boeing has now refused to buy aircraft from the United States. This decision of China is considered a major setback for the American aviation sector.
According to media reports, China is considering providing financial assistance to companies that lease the Boeing Jet aircraft from the US. However, there is no official response from China or concerned Chinese airlines yet.
Impact on production and distribution
According to aviation companies, currently 10 Boeing 737 Max aircraft are scheduled to join the fleet of Chinese airlines. It includes two each of China Southern Airlines, Air China Limited and Ziamen Airlines. Some aircraft stand near the Boeing factory in Seattle, while others stand at a finishing center in Jhouushan (Eastern China). Those whose documents and payment have already been made can get approval on a case-by-case basis.
China is the second largest market in the world
China is the second largest aviation market in the world and is expected to be 20% stake in global aircraft demand over the next 20 years. China currently leads to more inclination towards European Airbus, and local -produced COMAC C919 aircraft is becoming an alternative to boing. The situation for Boeing is becoming more complicated, as many questions have arisen in 2024 about their quality.
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