Overview
- China lifted its ban on Boeing aircraft deliveries following a 90-day tariff truce between the U.S. and China, reducing tariffs to 30% and 10%, respectively.
- Chinese airlines have been granted discretion to organize the timing and terms of their Boeing jet deliveries, according to sources familiar with the matter.
- The ban, imposed in April after the U.S. introduced 145% tariffs on Chinese imports, led to the return of at least three jets to the U.S.
- Boeing planned to deliver approximately 50 aircraft to Chinese carriers in 2025, and the ban's removal spares the company the expense of finding alternative buyers.
- While the resumption of deliveries benefits Boeing financially, the temporary nature of the tariff truce leaves future trade relations uncertain.