As trade war intensifies: The trade war between the United States and China has boosted. Beijing has issued an order to stop the delivery of aircraft from the American airline company Boeing.
As trade war intensifies, According to a Bloomberg News report, Chinese authorities haven’t only stopped domestic airlines from entering new Boeing aircraft but have also suspended the purchase of aircraft corridor and affiliated outfit from American companies.
The move comes as both countries have assessed heavy import tariffs on each other. The United States has assessed tariffs of over 145 percent on Chinese products, while China has assessed retaliatory tariffs of 125 percent on American imports.
China has called Washington’s conduct”illegal bullying” and called further tariffs useless.
The report also said that the Chinese government is considering helping airlines that have leased Boeing aircraft and their costs are increasing.
Contrarily, US officers have exempted some advanced technology products such as smartphones, computers and semiconductors from the recent tariffs.
According to the AFP news agency, this situation is affecting global requests and is also dismembering transnational tactfulness, while President Donald Trump recently blazoned a halt to further tariff increases, but no immediate relief was offered to China.