China lifts Boeing ban after trade truce with US; jet deliveries set to resume

Following trade talks between Beijing and Washington, China has lifted a month-long ban on Boeing aircraft deliveries. This decision comes after a tentative agreement where the US reduced tariffs on Chinese imports, and China lowered duties on US goods. The move provides a boost to Boeing, which has faced challenges due to safety concerns and trade disputes, and unlocks payments for approximately 50 planes destined for Chinese carriers.

China lifts Boeing ban after trade truce with US; jet deliveries set to resume
Following trade talks between Beijing and Washington, China has lifted a month-long ban on Boeing aircraft deliveries. This decision comes after a tentative agreement where the US reduced tariffs on Chinese imports, and China lowered duties on US goods. The move provides a boost to Boeing, which has faced challenges due to safety concerns and trade disputes, and unlocks payments for approximately 50 planes destined for Chinese carriers.