China Lifts Boeing Delivery Ban Amid Easing Tariff Tensions

Reported about 10 hours ago

China has lifted its ban on Boeing plane deliveries following an agreement with the U.S. to temporarily reduce steep tariffs, as reported by Bloomberg News. Domestic airlines and government agencies have been informed that aircraft deliveries can resume, reversing a previous order which had led to repatriation of planes. Boeing had faced a delivery halt due to Chinese import bans associated with trade tensions, but with tariffs now under negotiation, the company expects Chinese carriers to receive several aircraft, including 25 out of 30 remaining 737 MAX jets.

Source: YAHOO

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