US tariffs: how Trump’s tax is hitting Big Tech and beyond
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China says ‘no’ to Boeing.
Bloomberg reports that local airlines have been told to refuse further deliveries of Boeing jets, in another blow for a beleaguered aerospace company that’s suffered from quality crises and layoffs.
Any Boeing imports would be hit by China’s 125 percent retaliatory tariff on US goods anyway, including a number of finished planes already earmarked for Chinese airlines. Boeing lags behind Airbus in China, and this isn’t going to help.
China Orders Boeing Jet Delivery Halt as Trade War Expands
[bloomberg.com]
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