The Battle of customs duties .. China postpones the receipt of a Boeing plane
Juniao’s 9-787 Dreamliner plane was to receive the estimated $ 120 million from the American company within 3 weeks, but it will postpone receipt due to customs duties that US President Donald Trump decided to impose on Chinese goods.
China postpones the receipt of a Boeing plane
After revealing the delay in the plane receipt, the Boeing price fell by 2.3% to lose its early gains in Friday’s trading.
The Chinese airline joined an increasing number of companies in the United States and China, which decided to suspend the exchange of goods due to the penal customs duties.
And the American Electric Car Industry Company stopped receiving requests to buy its cars from Model S and Model X in the Chinese market, as it imports them from abroad for this market, while Model 3 and Wi -Wi -Model in its factory in China are produced.
Boeing also warns that the escalation of the commercial conflict leads to the damage to the supply chains that have been severely affected since the Korona virus in 2020, and slight indicators of its return to its normal state recently appeared.
Customs duties between America and China
China today announced the decision to raise customs duties on all American goods to 125%, starting tomorrow, after Trump imposed similar fees aimed at filling the US trade deficit and punishing Beijing for its revenge response to American import fees.
With the addition of the new drawings to the 20% American drawings imposed earlier this year due to what Trump says it is the role of China in smuggling Fintanil to the United States, American fees on Chinese products reach 145%.
Joniao has a fleet of more than 100 aircraft, most of which are a single corridor from European Airbus, along with 9 Boeing aircraft.
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