China Lifts Boeing Ban After US Trade Talks
Published 4 days ago• 1 minute read
The news comes after the two countries announced Monday they would drastically reduce tariffs for 90 days, as well as continue negotiations.
Washington’s fresh duties on many imports from China had come to 145 percent, while Beijing had hit back with duties of 125 percent on US goods.
Monday’s announcement after talks in Geneva saw the United States lower tariffs to 30 percent, and China reduce its own to 10 percent.
US President Donald Trump dubbed the outcome a “total reset” and said talks with counterpart Xi Jinping could soon follow.
The company had planned to deliver around 50 aircraft to China in 2025, its chief executive Kelly Ortberg said last month.
China’s foreign ministry also did not respond immediately to a request for comment.
