logo
Trade war: China calls Boeing ‘victim' of Trump tariff policy as jets return to US

Trade war: China calls Boeing ‘victim' of Trump tariff policy as jets return to US

China's Ministry of Commerce said both the country's domestic airlines and American aerospace firm
Boeing were victims of US President Donald Trump's tariff hikes, a move analysts said was tacit confirmation Beijing does not blame the company for the White House's actions.
Advertisement
'China is willing to continue supporting normal commercial cooperation between companies in both countries,' said an unnamed spokesperson in an online statement on Tuesday, adding the ministry 'hopes the US will listen to the voices of businesses to create a stable and predictable environment for normal trade and investment activities'.
The statement came after Boeing confirmed some Chinese clients had stopped receiving deliveries of new jets.
Beijing's comments on the Boeing situation can be taken as 'welcome assurance' for the company, analysts said, as Chinese airlines also have an interest in protecting normal business ties from the effects of the
trade war
'Boeing has definitely made a serious statement that they can deliver aircraft [rejected by Chinese buyers] to other clients. But it is obvious that Boeing will suffer,' said Jason Li Hanming, a US-based aviation analyst.
Advertisement
Two Boeing jets allocated to China's Xiamen Airlines have been returned to the US, Reuters reported, citing flight data. Boeing CEO Kelly Ortberg confirmed last week that Chinese airlines have stopped receiving deliveries.
According to Ortberg, Chinese airlines had planned to purchase 50 aircraft from Boeing in 2025. During the company's latest earnings call, he said the situation in China 'will take away some of the headroom we've built with our strong first-quarter deliveries'.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Canada to hit 2% defence Nato spending target, years ahead of schedule, says Carney
Canada to hit 2% defence Nato spending target, years ahead of schedule, says Carney

South China Morning Post

timean hour ago

  • South China Morning Post

Canada to hit 2% defence Nato spending target, years ahead of schedule, says Carney

Canada will hit Nato's defence spending threshold of two per cent this year, Prime Minister Mark Carney said on Monday, warning that in a 'darker' world, Canada must reduce its security dependence on the United States. 'I am announcing today that Canada will achieve Nato's two per cent target this year, half a decade ahead of schedule,' Carney said during a speech at the University of Toronto. 'The threats that Canada faces are multiplying,' he added. Carney's pledge followed similar announcements by members of the alliance and comes after consistent pressure by US President Donald Trump for Nato members to spend more on defence. 'In a darker, more competitive world, Canadian leadership will be defined not just by the strength of our values, but also by the value of our strength,' Carney said. Since taking office in mid-March, Carney has delivered a series of stark warnings about what he terms the changing nature of US global leadership under Trump.

US tariffs hit China's exports in May, but June seen as ‘a better month'
US tariffs hit China's exports in May, but June seen as ‘a better month'

South China Morning Post

timean hour ago

  • South China Morning Post

US tariffs hit China's exports in May, but June seen as ‘a better month'

China's export growth slowed last month, weighed down by fewer US orders being made before the two countries came to a 90-day tariff truce. Advertisement And while June's prospects look poised to improve, China's manufacturing and trade sectors remain under strain, according to economists, who also point to lingering uncertainties over American tariffs. China's May exports were up by 4.8 per cent, year on year, to US$316.1 billion, customs data showed on Monday. The figure followed April's 8.1 per cent growth and fell short of the estimate of a 6.28 per cent increase in a market survey by Chinese financial data provider Wind. Exports to the United States plunged by 34.52 per cent, sharper than the 21 per cent drop seen in April, owing to the trade war between the two countries. Advertisement

China-US trade talks under way in London
China-US trade talks under way in London

RTHK

time2 hours ago

  • RTHK

China-US trade talks under way in London

China-US trade talks under way in London China and US trade officials meet in Lancaster House in London. Photo: Reuters The first meeting of the China-US economic and trade consultation mechanism opened in London on Monday Vice Premier He Lifeng attended the meeting with the US delegation including Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer at Lancaster House. The meeting is aimed at shoring up a fragile truce in a trade dispute sparked by US tariffs that has roiled the global economy. The talks are expected to last at least a day and followed negotiations in Geneva last month that brought a temporary respite in the trade war. Lutnick did not attend the Geneva talks at which the countries struck a 90-day deal to roll back some of the triple-digit tariffs they had placed on each other. President Xi Jinping and his US counterpart Donald Trump spoke by phone last Thursday in an attempt to put relations back on track. The meeting in London was helped by news that Beijing on Saturday approved some applications for rare-earth exports, while US aviation giant Boeing is to start sending commercial jets to China for the first time since April. (Agencies)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store