China orders to stop buying boeing planes

Commercial war. China ordered his airlines to suspend any purchase of aircraft from the American builder Boeingagainst the background of intensifying the commercial war with the US, the Bloomberg press agency, taken over by AFP, informed on Tuesday.

US President Donald Trump has imposed customs tariffs that reach up to 145% over a large amount of Chinese products. As a reaction, the Asian giant requires 125% retrsening surveys on imported American products.

China also asked for its airlines « to stop any purchase of equipment and parts detached for aircraft from American companies, » according to Bloomberg, who cites people close to this file.

These orders were issued by the Chinese authorities after the imposition by Beijing, last week, of 125%surix, according to the same source.

These surcharge make the price of detached planes and parts that are manufactured in the US and reach the Chinese territory to grow more than twice. Thus, they would impose an overpress that is difficult to bear by Chinese airlines.

According to Bloomberg, the Chinese government also envisages to help carriers that rent Boeing aircraft and has to cope with higher costs.

The Chinese Foreign Ministry of Foreign Affairs and Boeing have not yet responded to the AFP request for a comment.

The Donald Trump’s announcement of his customs tariff campaign against imported products, rates presented as a point in fixing the American commercial deficit, shook the stock markets around the world and accentuated concerns for world economic growth.

The US president suspended on Wednesday, for 90 days, the so-called ‘mutual’ customs tariffs passing beyond 10%. But he maintains a strong pressure on China.

The US also granted a provisional exemption from surtax for high-tech products, especially for smartphones and computers, as well as for semi-supply.