4d ago

China orders carriers to suspend Boeing jet deliveries amid trade war, Bloomberg News reports

www.reuters.com

reuters.com

China has ordered its airlines not to take any further deliveries of Boeing jets in response to the U.S. decision to impose 145% tariffs on Chinese goods, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Shares of Boeing - which looks at China as one of its biggest growth markets and where rival Airbus holds a dominant position - were down 3% in premarket trading.

Beijing has also asked that Chinese carriers halt purchases of aircraft-related equipment and parts from U.S. companies, the Bloomberg report said.

9 comments

The Repubs wanted to come in and strong-arm everybody into doing what they wanted. They didn't consider that the other guy could just walk away and avoid the interaction entirely tho. Gonna be seeing a lot more of this
- It’s a private company and one that has ignored its workers and taken them for granted. On top of that, they can’t seem to make a product worth buying.
- Yeah from what I've seen they really actually believed that if they just strongarm and threaten that people would just bend over and.... Then they didn't and now you have Republican sad face.
  Well that and Republican Brown nose because fuck me, these guys are up Trumps ass.. "thank you dear leader for your incredible brain power, you are soooooo smart!" It's really rather incredible to watch.

Time to buy some Airbus stock ...
- As long as you get yours...
  
  Are you suggesting we should feel bad about something here?

I mean, they shouldn't be buying Boeing jets in general, just from a safety perspective. The tariffs might actually save China some air accidents.

Europe's Airbus appreciates this.

Aaaaand boom, Boeing is dead too
I mean, it ain't dead yet but it's making those gurgling gasping sounds and now China (you know, lots of people, huge market) will no longer buy American either.
It's almost as if the most stable genius is fucking the US for fun

9 comments