China has ordered its airlines not to take further delivery from Boeing company Jets as part of the Tight-for-Tat Trade War, with US President Donald Trump Levi Tariff as 145% on Chinese goods.
Bloomberg | Bloomberg | Getty images
Boing After stopping taking delivery of its aircraft between a trade war with the United States, some of their aircraft were appointed for Chinese airlines for other carriers.
Boeing CEO Kelly Ortberg told CNBC, “They have actually stopped taking delivery of aircraft due to the tariff environment.” “Squalk on the road” On Wednesday.
Ortberg said that some 737 maximum aircraft that were in China have been prepared to transport the carrier there.
He said that some jets that were intended to Chinese customers, as well as the aircraft company planning to build for China later this year, could go to other customers.
“There are lots of customers who are looking for maximum aircraft.” “We are not going to wait for a very long time. I am not going to derail my company’s recovery.”
CEO’s comments came after Boeing Narrow-to-adampted losses for the first quarter And cash burn which was better than analysts had increased airplane delivery in three months ended March 31.
Boeing CEO Kelly Ortberg, speaking on the CNBC squalk box on January 28, 2025.
CNBC
President Donald Trump released a sweeping tariff on imports to the US earlier this month, while he stopped some of the highest rates, the trade war with China has only increased.
Trump said on Tuesday that he is open to take a low confrontation approach to business talks with China, calling the existing 145% tariff on Chinese imports “too much”.
“It won’t be high. … No, it will not be anywhere near that high. It will come down to a large extent. But it will not be zero,” said Trump.
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