China suspends purchases of Boeing jets as trade war with Trump spirals: Live updates
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China has ordered its airlines not to take any further deliveries of Boeing jets.
It is a response to the U.S. decision to impose 145 percent tariffs on Chinese goods,.
The U.S. and China have been embroiled in a tariff war triggered by U.S. President Donald Trump’s trade policies.
Meanwhile, Steve Bannon ignited a new MAGA civil war.
Follow the latest political developments with the DailyMail.com blog
China orders carriers to suspend Boeing jet deliveries amid trade war
China has ordered its airlines not to take any further deliveries of Boeing jets in response to the U.S. decision to impose 145 percent tariffs on Chinese goods, Bloomberg News reported on Tuesday.
Beijing has also asked that Chinese carriers halt purchases of aircraft-related equipment and parts from U.S. companies, the Bloomberg report said.
The U.S. and China have been embroiled in a tariff war triggered by U.S. President Donald Trump’s trade policies.
China last week hiked levies on U.S. imports to 125 percent in retaliation against U.S. tariffs.
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Xi’s anti-Trump tour continues
By Emily Goodin, senior White House correspondent
Chinese President Xi Jinping, on a high-profile tour of Southeast Asia, is making the case for free trade and promoting his country as a source of ‘stability and certainty.’
Xi isn’t mentioning President Donald Trump by name but his message is clear: amid the turmoil Trump’s on-again, off-again tariffs are causing the global markets, investors should look to China as a safe bet.
During his stop in Vietnam, Xi – above left with Vietnamese President Luong Cuong on the right – said their two countries ‘have brought the world valuable stability and certainty’ in a ‘turbulent world.’
Trump, for his part, complained about the meeting, saying China and Vietnam were trying ‘to figure out how do we screw the United States of America.’
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