Action occurs amid a ban imposed by the Chinese government about new orders, as part of the retaliation in the trade war with the United States
THE Boeing initiated the process of repatriation of 737 max jet jet that were destined for airlines in the China. This action occurs amid a ban imposed by the Chinese government on new orders, as part of the retaliation in the trade war with the United States. Tensions between the two nations intensified after the imposition of tariffs by former President Trump, which resulted in rates of 145% on Chinese products and 125% on American items. Recently, one of the 737 Max model aircraft, which was in a Boeing finish center in Zhoushan, China, was transferred to Guam. This aircraft was destined for Xiamen Air, but Boeing did not comment on the incident, and the airline also did not respond to requests for comments on the situation.
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The commercial dispute between United States And China has directly affected Boeing, with the Chinese government guiding its airlines to suspend the acquisition of equipment and parts from US companies. After Beijing’s decision, Trump stated that China had retreated in a significant deal with Boeing by not accepting the delivery of the planes. Commercial tensions began to intensify in February, when Trump announced a 20% rate on Chinese products. In April, the situation worsened further, with reciprocal tariffs increasing rates against China to 54%. Since then, the two countries have been rectalized, resulting in a significant increase in commercial tariffs.
Posted by Sarah Paula
*Report produced with the aid of AI
Source: Jovempan
I have been working as a journalist for over 10 years. In that time, I have covered the news from all corners of the world, and written about everything from politics to business.I’m now a full-time author, and my work can be found at Global happenings. My aim is to bring you up-to-date news and views on global affairs, in a format that is easy to read and understand.
