China Lifts Ban on Boeing Aircraft Following U.S. Trade De-escalation

Date:

China has lifted a ban on domestic airlines accepting new aircraft from U.S. manufacturer Boeing, signaling a positive turn in trade relations between Beijing and Washington.

The decision comes shortly after both nations agreed to significantly reduce tariffs for a 90-day period and continue trade negotiations. The agreement marks a major step in de-escalating the prolonged economic tensions that have impacted multiple industries, including aviation.

Last month, Boeing confirmed that Chinese airlines had paused the acceptance of new aircraft deliveries due to steep reciprocal tariffs. The move had affected the company’s delivery schedule, with plans to supply around 50 aircraft to China in 2025.

However, recent developments indicate that Chinese authorities have begun notifying local carriers that they may resume orders of U.S.-made aircraft, according to individuals familiar with the matter.

The easing of restrictions follows a high-level dialogue in Geneva on Monday, where the United States announced it would reduce tariffs on Chinese imports from 145 percent to 30 percent. In response, China agreed to cut its tariffs on U.S. goods from 125 percent to 10 percent.

Describing the outcome of the negotiations, U.S. President Donald Trump said it was a “total reset” and suggested that further discussions with Chinese President Xi Jinping could take place soon.

Boeing has not issued a public comment on the development. China’s foreign ministry has also yet to respond to requests for clarification.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

spot_img

Popular

More like this
Related

Lorem ipsum dolor sit amet

Lorem ipsum dolor sit amet consectetur adipiscing elit. Quisque...

Lionel Messi Nets 900th Career Goal as Inter Miami CF Exit CONCACAF Champions Cup

Argentine superstar Lionel Messi scored the 900th goal of...

Donald Trump Says Israel Will Halt Further Strikes on Iran’s Major Gas Field

United States President Donald Trump has said that Israel...

King Charles III Hails Nigeria as a Global Economic Force, Commends Religious Unity

British monarch King Charles III has praised Nigeria for...