China US TARIFF WAR: Taking the wishes as much as Trump, this decision of China will take out the air of US economy! Refusal to take delivery by ordering

China-as tariff war: The US may have started the tariff war, but China is also not going to leave it on this issue. Chinese President Xi Jinping has taken a step by which Donald Trump’s ‘sweat’ is also fixed. In fact, amidst the trade war, China ordered its airlines companies that they would not take delivery of the aircraft of American company Boeing. It is clear that despite the order, China will not take Boeing delivery from America. According to Bloomberg report, an order has also been issued to stop the purchase of equipment and parts from American for Chinese aircraft.

After Donald Trump puts a tariff of up to 145% on Chinese goods, the dragon has made up its mind to work on the tit approach. China has imposed 125% retaliation on American goods. Due to which the cost of Boeing aircraft and parts has become more than doubled. China is now looking for measures to reduce the increased cost of airlines that rented Boeing Jet. This situation is a serious challenge for Boeing. This is because China will be 20% of the global aircraft demand in the next 20 years.

Boeing’s condition is thin
The condition of Boeing has become thin due to China’s move. This is because China buys aircraft on a large scale from Boeing. In the year 2018, 25% of Boeing aircraft were delivered to China. In recent years, their orders have already been falling continuously due to business stress and internal problems of Boeing. Trump’s aggressive policy shook the global supply. There is also a truth that China’s dependence remains on foreign aircraft. In such a situation, there is an atmosphere of uncertainty. Trump has already withdrawn the tariff on Apple iPhone.