China has lifted its ban on airlines receiving Boeing aircraft after a de-escalation of its trade war with the U.S.
According to a Bloomberg report citing “people familiar with the matter,” the decision to resume allowing Boeing jet deliveries came after productive trade talks with the U.S. culminated in a new trade deal.
The new U.S.-China trade agreement will pause most tariffs for 90 days to allow for further negotiations. The agreement will have both the U.S. and China roll back reciprocal tariffs starting Wednesday.
On April 15, the Chinese government restricted its airlines from receiving aircraft deliveries from Boeing as well as buying aviation parts from American companies after President Trump imposed 145% tariffs on Chinese imports.
While the effects of delivery pauses are currently unknown, the blow to Boeing could be substantial. China’s aviation market value is swiftly growing and expected to triple from $23 billion in 2024 to $61 billion in 2043, according to Airbus’ 2024 Global Services Forecast.
AirlineGeeks reached out to Boeing for comment.
