China orders the airlines to stop

The Chinese government requested local airlines in the country to stop Reports.

China is also directing transport companies to stop buying parts of airlines and other components of American companies, according to Bloomberg, who cited people familiar with the situation.

Boeing did not immediately respond to a request for comment. Air giant shares decreased $ 4.88, or 3 %, to $ 154.40 in pre -market trade.

The matter of stopping the acceptance of Boeing Jets comes after China Enhanced Revenge definitions on American goods to 125 %. This matches the level of definitions that President Trump has put on Chinese imports, although these taxes can rise up to 145 % for some products. Bloomberg stated that the customs tariff in China will double the prices of aircraft and parts made by the United States, making the cost unspecified.

Boeing is scheduled to charge about 10 737 aircraft to a maximum of Chinese transport companies, including southern Airlines in China, Air China and Xiamen Airlines, according to Bloomberg, cited data from the flight group. During the first quarter, Boeing provided 130 aircraft all over, including more than 100 737 aircraft, the company He said On April 8.

Bloomberg stated that some paper works for payment and delivery to some of those aircraft that Chinese airlines may have been completed before expanding the trade war earlier this month. In this case, some aircraft may be able to enter China, according to the news service.