Importance Score: 45 / 100 π΅
China Suspends Boeing Jet Deliveries as Trade Spat Intensifies
Beijing has reportedly halted the intake of aircraft from Boeing Co., according to announcements made on Tuesday, as trade friction between China and the United States escalates. This development follows last week’s declaration by U.S. President Donald Trump that China would not be included in a 90-day deferral on levies granted to numerous other nations.
Increased Tariffs Imposed
Instead, Beijing would be subjected to an elevated 145% tariff rate on commodities destined for the American market.