The Chinese government has told the country’s domestic airlines that they stop accepting Jets Boeing’s deliveries as a trade war between the two largest economies in the world, Bloomberg News report.
According to Bloomberg, China also calls on its carriers to stop buying pieces from the airline and other members of the North -American companies, who quoted people who know the situation.
Boeing did not immediately respond to a comment request. Aviation giant shares fell $ 4.88, or 3%, to $ 154.40 in previous market negotiation.
The order to stop accepting the Boeing jets comes after China driven Its retaliation rates on North -Americans up to 125%. This coincides with the level of rates that President Trump has put in Chinese imports, although these taxes can increase to 145% for some products. China’s rates would have doubled more than the price of aircraft and parts created by the United States, which made the cost inaccessible, Bloomberg reported.
Boeing is expected to send about 10 737 maximum aircraft to Chinese carriers, including China Southern Airlines, Air China and Xiamen Airlines, reported Bloomberg, citing data from the Aviation Flight Group. During the first quarter, Boeing delivered 130 aircraft in total, including more than 100 737 jets, the company he said On April 8.
Bloomberg reported that some of the payment and delivery procedures of some of these aircraft ordered by Chinese airlines may have been completed before the trade war expanded earlier this month. In this case, some aircraft could enter China, reported the news service.
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