China has lifted its ban on domestic airlines accepting new Boeing aircraft, according to a report published on Tuesday.
This move comes just hours after Beijing and Washington reached an agreement to temporarily reduce tariffs, marking a significant de-escalation in their ongoing trade dispute.
Last month, Boeing confirmed that Chinese airlines had halted the delivery of new planes due to heavy retaliatory tariffs imposed by both the U.S. and China. However, Bloomberg News reported on Tuesday that Chinese officials have begun informing domestic carriers they can now resume placing orders for U.S.-made aircraft, citing sources familiar with the matter. Boeing has yet to respond to requests for comment.
This announcement follows a major development on Monday, when the two countries agreed to a 90-day reduction in tariffs, alongside continued negotiations. Previously, the U.S. had imposed tariffs as high as 145% on many Chinese imports, while China retaliated with duties of 125% on U.S. goods. Following talks in Geneva, the U.S. agreed to cut tariffs to 30%, while China reduced its own to 10%.
U.S. President Donald Trump described the outcome as a “total reset,” adding that discussions with Chinese President Xi Jinping could take place soon.
Boeing had planned to deliver around 50 aircraft to China in 2025, as noted by its CEO, Kelly Ortberg, last month.
China’s foreign ministry has not yet commented on the matter.
AFP
