China has reportedly lifted its ban on domestic airlines accepting new Boeing aircraft, following a significant easing of trade tensions between Beijing and Washington, according to a report on Tuesday.
Last month, Boeing confirmed that Chinese carriers had halted deliveries of new planes due to the escalating trade war and the steep retaliatory tariffs imposed by both nations.
However, Bloomberg News, citing sources familiar with the matter, reported that Chinese authorities have now informed local airlines they may resume placing orders for U.S.-made aircraft.
Boeing has not yet commented on the development.
The move comes on the heels of Monday’s joint announcement by the United States and China to significantly lower tariffs for a 90-day period and to resume negotiations.
At the height of the trade conflict, the U.S. had imposed tariffs of up to 145 percent on Chinese imports, while China responded with 125 percent duties on American goods.
Following talks in Geneva, both countries agreed to reduce these rates — with the U.S. bringing its tariffs down to 30 percent and China cutting its own to 10 percent.
U.S. President Donald Trump described the agreement as a “total reset” and hinted at the possibility of further discussions with Chinese President Xi Jinping.
Boeing CEO Kelly Ortberg had earlier stated that the company aimed to deliver around 50 aircraft to China in 2025. China’s Ministry of Foreign Affairs has yet to issue an official response.
