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AL CIRCLE

Boeing aircraft deal emerges as catalyst for US-China tariff relief

EDITED BY : 4MINS READ

The United States and China are edging closer to a landmark Boeing aircraft deal that could anchor a broader trade agreement between the two powers. US Ambassador to China David Perdue, said the negotiations are in their “final days,” signalling a breakthrough that has been long in the making.

Boeing aircraft deal emerges as catalyst for US-China tariff reliefImage for representational purpose

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According to Bloomberg, Boeing is working toward the sale of as many as 500 jets — a transaction that would end a sales freeze stretching back to Donald Trump’s 2017 visit to China.

Diplomacy and trade backdrop

The talks are unfolding at a moment of renewed diplomatic engagement. In recent weeks, Trump spoke by phone with President Xi Jinping, while negotiators reached a framework for ByteDance to divest its US-based TikTok operations, easing a major flashpoint.

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