The immediate impact on Boeing planes from the new round of tariffs was not immediately clear early Monday. Whether or not Boeing has to pay higher import taxes, it could be an important chip in the trade war negotiations. Airbus and Comac, a Chinese jet maker, are vying with Boeing for the vast and rapidly growing Chinese market. Comac's first plane, designed to compete with the single-aisle Boeing 737 Max and Airbus A320, made its first test flight in 2017. 737 Max troubleEven if China continues to buy Boeing planes unabated, it could still exercise leverage in the trade war by refusing to clear Boeing's troubled 737 Max jet for flight.
Source: Ethiopian News May 14, 2019 07:46 UTC