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highplainsdem

(57,609 posts)
Sat Apr 19, 2025, 11:33 PM Apr 2025

Boeing jet returns to US from China, a victim of Trump's tariff war [View all]

Source: Reuters

A Boeing (BA.N) jet intended for use by a Chinese airline landed back at the planemaker's U.S. production hub on Sunday, a victim of the tit-for-tat bilateral tariffs launched by President Donald Trump in his global trade offensive.

The 737 MAX, which was meant for China's Xiamen Airlines, landed at Seattle's Boeing Field at 6:11 p.m. (0111 GMT), according to a Reuters witness. It was painted with Xiamen livery.

The jet, which made refueling stops in Guam and Hawaii on its 5,000-mile (8,000-km) return journey, was one of several 737 MAX jets waiting at Boeing's Zhoushan completion center for final work and delivery to a Chinese carrier.

Trump this month raised baseline tariffs on Chinese imports to 145%. In retaliation, China has imposed a 125% tariff on U.S. goods. A Chinese airline taking delivery of a Boeing jet could be crippled by the tariffs, given that a new 737 MAX has a market value of around $55 million, according to IBA, an aviation consultancy.

-snip-

Read more: https://www.reuters.com/business/aerospace-defense/boeing-jet-returns-us-china-victim-trumps-tariff-war-2025-04-20/

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