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In a significant escalation of the ongoing trade dispute between the United States and China, Chinese airlines have been instructed to halt any further deliveries of Boeing aircraft. This decision is a direct response to the high tariffs imposed by the Trump administration, which have reached up to 145% on various Chinese imports.
According to Boeing CEO Kelly Ortberg, the company is adapting to the situation. He revealed in an interview with CNBC that Boeing is prepared to redirect planes initially designated for Chinese carriers to other international clients. “They have indeed ceased delivery of aircraft due to the tariff climate,” Ortberg stated during the segment. He noted that several 737 Max jets that were intended for delivery in China were returned to the United States instead.
Ortberg further indicated that not only the current aircraft but also future constructions aimed at Chinese buyers could find new homes with different airline customers. “There are many potential buyers for the Max aircraft,” he emphasized. “We won’t delay our operations. I’m determined to keep our company’s recovery on track.”
This announcement follows a recent financial report from Boeing, which disclosed a loss for the first quarter that was less severe than analysts had anticipated. The company also experienced a notable increase in airplane deliveries during the first three months of the year, contributing positively to its cash flow status.
In the backdrop of these developments, President Trump has reiterated his stance on tariffs. Earlier this month, he announced broad tariffs on imports, although he indicated a willingness to adopt a less aggressive approach in future trade negotiations with China. He acknowledged the current tariff rates as potentially excessive, stating, “It won’t be that high… It’ll come down significantly. But it won’t be zero.”
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