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Boeing burglaries in Premarket, as China reports, the JET deliveries are reported

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Boeing’s shares in the early Tuesday in the pre -market trade on early trade after Bloomberg reported that the Chinese government had ordered the country’s airlines to deliver the delivery of new aircraft from the American aircraft manufacturer in the middle of an escalating trade war between Beijing and Washington.

Key facts

According to Bloomberg, the move to block the deliveries of new Boeing jets to the country’s aviation companies in retaliation against President Donald Trump’s decision, almost all of the Chinia were to impose a tariff set of 145%.

Chinese airlines were also ordered to no longer buy the purchase of aircraft parts and other devices in connection with aviation from the US aircraft manufacturer, the report added.

According to reports, the decision was made after China announced a response to Tit-for act last week by increasing the tariffs to US imports to 125%, which would probably have made such aircraft and equipment unafforders.

The Chinese government has not yet made an official announcement on this matter, but the report states that Beijing is considering measures to support airlines that use Boeing’s aircraft.

Forbes turned to Boeing to get a comment.

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How was Boeing shares influenced?

Boeing’s shares were met early Tuesday during the publication of the Bloomberg report in early Tuesday. The aircraft manufacturer’s share fell by up to 4.5% before it easily recovered to $ 153.94 – a decrease of 3.35% compared to the closing price on Monday.

(Tagstotranslate) Boeing China

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