Customs dispute: New escalation within the commerce war-China allegedly prohibits the acceptance of Boeing machines | EUROtoday

In response to the customs dispute with the United States, China, in line with a media report, instructed the home airways to now not reduce weight. The authorities in Beijing additionally requested Chinese airways to not purchase plane elements and tools from US corporations, reported the Bloomberg monetary information company, citing insiders.

The United States and China waged a commerce battle after US President Donald Trump elevated the tariffs for imports from the People’s Republic to 145 %. China added and raised import charges on US imports of 125 %.

The Chinese authorities is contemplating supporting airways that lease Boeing jets and are confronted with increased prices, reported Bloomberg News. The three largest airways of China-Air China, China Eastern Airlines and China Southern Airlines wish to take over dozens of Boeing plane between 2025 and 2027. Boeing was initially not out there for an announcement.

According to analysts, the escalating retaliation tariffs between the 2 largest economies on this planet threaten to carry the commerce between China and the United States to a standstill. This commerce had a price of over $ 650 billion in 2024.