Boeing jet returns to US from China, a victim of Trump’s tariff war | CNN Business

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Key Event: Boeing Jet's Return

A Boeing 737 MAX destined for Xiamen Airlines in China returned to Boeing's US production hub due to the high tariffs imposed during the US-China trade war.

Impact of Tariffs

The 145% US tariffs on Chinese imports and China's retaliatory 125% tariff on US goods made the delivery of the $55 million jet economically unviable.

Uncertainty and Disruption

It remains unclear who initiated the jet's return. The incident underscores the significant disruption to the aerospace industry's previously duty-free trade, with potential delays and cancellations of aircraft deliveries due to tariff uncertainty.

The situation further complicates Boeing's recovery from a prior 737 MAX import freeze and previous trade tensions. Airline CEOs are considering delaying deliveries to avoid paying hefty tariffs.

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