China stopped taking aircraft in the Trump war

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China ordered airlines not to take any other delivery operations at Boeing Co. Jets as part of the trade war that witnessed US President Donald Trump’s tariff at a rise of 145 % on Chinese goods.

Bloomberg Bloomberg Gety pictures

Boeing Some of its aircraft, which were directed to Chinese airlines, can hand over to other transport companies after China stopped connecting its aircraft amid a trade war with the United States.

“They have already stopped delivering aircraft due to the customs tariff environment,” Kelly Ordraj, CEO of Boeing, told CNBC. “Squawk on the street” Wednesday.

Ortberg said that a few 737 MAX aircraft that were in China are to be delivered to the transport companies that were transferred to the United States

He said that some aircraft that were for Chinese customers, as well as the aircraft that the company was planning to build on China later this year, could go to other customers.

“There are a lot of customers looking for a Max plane,” said Ordberg. “We will not wait long. I will not let this hinder our company’s recovery.”

The CEO’s comments came after I informed Boeing A narrower loss than expected for the first quarter The criticism that came in the best was burned than the analysts were afraid, as the aircraft delivery operations increased in the three months ending March 31.

Kelly Ortberg, CEO of Boeing, speaks at the CNBC’s Squawk Fund on January 28, 2025.

CNBC

president Donald Trump Earlier this month, he issued a comprehensive tariff for imports to the United States while temporarily stopped some higher prices, the trade war with China only increased.

Trump said on Tuesday that he was open to following a less confrontation approach in commercial talks with China, describing the current tariff by 145 % on Chinese imports “very high”.

“It will not be high … No, it will not be anywhere near this high. It will decrease significantly. But it will not be zero,” Trump said.

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