China Resumes Boeing Deliveries After Trade Truce
China Resumes Boeing Deliveries After Trade Truce

China Resumes Boeing Deliveries After Trade Truce

News summary

China has lifted its month-long ban on domestic airlines receiving Boeing aircraft, following a significant breakthrough in trade talks with the United States that resulted in both sides temporarily lowering tariffs. The easing of restrictions allows Chinese airlines to resume taking delivery of U.S.-made jets, providing much-needed relief to Boeing, which had dozens of undelivered planes due to the trade dispute. This move is seen as a visible sign of de-escalating tensions between the world's two largest economies and could have immediate positive effects on U.S.-China trade. Officials in Beijing have informed carriers and agencies that deliveries can proceed at their discretion. The ban had been imposed in response to tariffs initiated during the Trump administration's trade war, which had severely impacted Boeing's access to the Chinese market. The recent developments mark a step toward further improving bilateral relations and stabilizing global trade.

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