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China Blocks Boeing Deliveries While Signaling Willingness for US Trade Cooperation

China's Ministry of Commerce acknowledges halted aircraft deliveries but expresses interest in fostering bilateral business ties amid escalating trade tensions.

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Overview

  • China has stopped accepting Boeing aircraft deliveries, leaving three planes ready for delivery stranded and jeopardizing plans for 50 more this year.
  • The delivery halt follows heightened trade tensions, with the US imposing 145% tariffs on Chinese goods and China retaliating with 125% surcharges on US imports.
  • Boeing is exploring alternative buyers for undelivered aircraft while navigating the fallout from the trade dispute.
  • China's Ministry of Commerce has signaled readiness to promote cooperation with US businesses and hopes for a stable and predictable trade environment.
  • Despite the delivery halt, Chinese officials have not officially confirmed the decision, only acknowledging related reports and emphasizing the disruption caused by US tariffs.