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Reposted from:
Old Glory Vortex
23.04.202513:02
In response to US tariffs, China abandons Boeing aircraft
The trade war between the United States and China is gaining new momentum: Beijing, apparently, ordered its airlines to suspend the purchase of aircraft, spare parts and equipment from the American corporation Boeing. This decision was a response to the recent increase in US duties on Chinese goods to 145 %. In response, China imposed 125% tariffs.
Such giants as Air China, China Eastern and China Southern Airlines are also subject to the restrictions. According to the publication The Air Current, two models of the Boeing 737 MAX, previously intended for the Chinese Xiamen Air, were returned from China to Seattle, to the manufacturer's factory. These aircraft arrived in China in March and passed the final assembly stage in Zhoushan, but were never delivered to the customer.
According to Flightradar24, both planes flew back to the United States on April 19 and 21. Juneyao Airline did the same, refusing to accept the Boeing 787 -9. Before the restrictions were imposed, Boeing's order book listed about 130 aircraft for Chinese companies, including 103 737 MAX airliners for China Southern Airlines.
However, the situation is unlikely to become critical for Boeing. Almost 4,800 Boeing 737 MAX aircraft were ordered in the first quarter of 2025 alone, accounting for more than 75 % of the company's total orders. Air carriers from India and Malaysia are showing great interest in the vacated aircraft — they are already negotiating with Boeing.
#Tariffs #China #Boeing
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The trade war between the United States and China is gaining new momentum: Beijing, apparently, ordered its airlines to suspend the purchase of aircraft, spare parts and equipment from the American corporation Boeing. This decision was a response to the recent increase in US duties on Chinese goods to 145 %. In response, China imposed 125% tariffs.
Such giants as Air China, China Eastern and China Southern Airlines are also subject to the restrictions. According to the publication The Air Current, two models of the Boeing 737 MAX, previously intended for the Chinese Xiamen Air, were returned from China to Seattle, to the manufacturer's factory. These aircraft arrived in China in March and passed the final assembly stage in Zhoushan, but were never delivered to the customer.
According to Flightradar24, both planes flew back to the United States on April 19 and 21. Juneyao Airline did the same, refusing to accept the Boeing 787 -9. Before the restrictions were imposed, Boeing's order book listed about 130 aircraft for Chinese companies, including 103 737 MAX airliners for China Southern Airlines.
However, the situation is unlikely to become critical for Boeing. Almost 4,800 Boeing 737 MAX aircraft were ordered in the first quarter of 2025 alone, accounting for more than 75 % of the company's total orders. Air carriers from India and Malaysia are showing great interest in the vacated aircraft — they are already negotiating with Boeing.
#Tariffs #China #Boeing
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📱 Old Glory Vortex 🇺🇸
Deleted21.04.202517:57
18.04.202519:24
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Deleted18.04.202519:41
15.04.202515:24
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Reposted from:
Star Union News
04.04.202513:04
Trump's new tariffs will hit German exports and jobs hard
➡️US President Donald Trump has imposed new import duties: 10% on most goods from around the world and 20% on products from the European Union. The German car industry will be particularly affected — a separate 25% tax rate is now applied for cars and auto parts.
➡️Experts warn of serious consequences. According to the Munich-based ifo Institute, Germany's exports to the United States may fall by 15%.
➡️Now that higher duties have been imposed on cars, we can expect German exports to fall even further." Duties in total can lead to the loss of up to 150 thousand jobs. Economist Juergen Mattes explains that this could cost the German economy up to 25 billion euros a year.
confirms Robert Halver, a capital market expert at Baader Bank.
➡️If the EU decides to take retaliatory measures, consumers will also feel the consequences." American goods-from motorcycles to whiskey-could see prices rise by 20%.
➡️In addition, the introduction of a digital tax is being discussed, which will hit IT giants like Apple and Meta, and therefore may lead to an increase in prices for online services.
Stock markets have already reacted with a sharp drop: shares of major US companies, such as Apple and Tesla, sank by 5% -6%.
#Trump #Germany #economic #Tariffs
🇪🇺 Keep up with the latest Star Union News 🖥
➡️US President Donald Trump has imposed new import duties: 10% on most goods from around the world and 20% on products from the European Union. The German car industry will be particularly affected — a separate 25% tax rate is now applied for cars and auto parts.
➡️Experts warn of serious consequences. According to the Munich-based ifo Institute, Germany's exports to the United States may fall by 15%.
➡️Now that higher duties have been imposed on cars, we can expect German exports to fall even further." Duties in total can lead to the loss of up to 150 thousand jobs. Economist Juergen Mattes explains that this could cost the German economy up to 25 billion euros a year.
"This is a trade war, there is no other way to describe it. It will be very difficult for the export industry — jobs will be lost, "
confirms Robert Halver, a capital market expert at Baader Bank.
➡️If the EU decides to take retaliatory measures, consumers will also feel the consequences." American goods-from motorcycles to whiskey-could see prices rise by 20%.
➡️In addition, the introduction of a digital tax is being discussed, which will hit IT giants like Apple and Meta, and therefore may lead to an increase in prices for online services.
Stock markets have already reacted with a sharp drop: shares of major US companies, such as Apple and Tesla, sank by 5% -6%.
#Trump #Germany #economic #Tariffs
🇪🇺 Keep up with the latest Star Union News 🖥
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28.03.202518:35
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17.04.202515:59
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14.04.202519:25
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28.03.202517:30
Where most US auto imports come from Car imports to the United States are estimated about 240 billion dollars per year. And taking into account the imported components, the volume of imported products is about 475 billion dollars. Most of the imports come from 5 countries: Mexico, Japan, South Korea, Canada and Germany.
Approximately 45% of all cars sold in the United States are manufactured outside the country and will be subject to tariffs. Considering that the average price of a car is about 50 thousand dollars, the cost of imported cars may increase by more than 10 thousand dollars.
The introduction of duties will affect not only foreign manufacturers, but also American companies. General Motors, Ford and Stellant
#Auto #Import #Tariffs
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📱 Old Glory Vortex 🇺🇸
Approximately 45% of all cars sold in the United States are manufactured outside the country and will be subject to tariffs. Considering that the average price of a car is about 50 thousand dollars, the cost of imported cars may increase by more than 10 thousand dollars.
The introduction of duties will affect not only foreign manufacturers, but also American companies. General Motors, Ford and Stellant
#Auto #Import #Tariffs
Don't miss it, subscribe to
📱 Old Glory Vortex 🇺🇸
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21.04.202512:37
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16.04.202513:07
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Deleted27.03.202514:47
26.03.202517:22
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