The Chinese government has told the country’s national airlines to stop the acceptance deliveries of Boeing aircraft as a commercial war between the two largest economies in the world, reports Bloomberg News.
China is also instructing its carriers to stop buying pieces of airlines and other components of US companies, according to Bloomberg, which cited people familiar with the situation.
Boeing did not respond immediately to a request for comments. The actions of the aviation giant fell $ 4.88, or 3%, at $ 154.40 in the market prior to the market.
The order to stop accepting Boeing aircraft comes after China driven Its reprisal rates on US products at 125%. That coincides with the level of tariffs that President Trump has imposed on Chinese imports, Allheh, those taxes can increase as a high axis of 145% for some products. China’s tariffs would have more than double the price of airplanes and pieces made in the United States, which makes the cost inaccessible, Bloomberg reported.
Boeing is scheduled to send around 10 maximum aircraft 737 to Chinese aircraft carriers, including China Southern Airlines, Air China and Xiamen Airlines, Bloomberg reported, citing Aviation Flights Group data. Duration The first quarter, Boeing delivered 130 aircraft in total, including more than 100,737 planes, said the company on April 8.
Bloomberg reported that some of the payment and delivery documents in some of those aircraft ordered by Chinese airlines could have been completed before the commercial war expanded earlier this month. In that case, some airplanes could enter China, the news service reported.