Bloomberg announced the lifting of China's ban on U.S. Boeing supplies

The Chinese authorities lifted the ban on the supply of aircraft to the American company Boeing after reaching an agreement on reducing mutual duties. This was reported on May 13 by Bloomberg, citing sources.

"China lifted the ban on the supply of Boeing aircraft to airlines after a breakthrough in trade negotiations with the United States," the agency said in a statement.

It is clarified that earlier Chinese officials had already begun to inform domestic carriers about the possible resumption of deliveries of American-made aircraft. Airlines will be able to arrange purchases according to their own schedule and on their own terms.

As the agency pointed out, the resumption of deliveries to China would be "an immediate incentive for Boeing."

Market conventions: China and the EU may join forces in a trade war against the United States

The share of their total GDP in the global economy will reach a third in the coming years, but it is unlikely that the countries will remove all barriers.

On April 2, Trump announced the introduction of 10% base duties on products imported from other countries. For the European Union (EU), this figure was raised to 20%, and for China — to 34%. On April 4, Beijing imposed retaliatory duties of 34% against the United States, after which Washington announced an increase in anti-Chinese duties to 104%. Later, the Chinese authorities decided to raise duties on imported goods from the United States to 84% as a mirror measure.

On April 9, President Trump announced the suspension of duties previously imposed on a number of countries for 90 days. He also announced an immediate increase in duties on products from China to 125%. On April 10, this figure reached 145%.

On April 15, China urged its airlines not to accept further deliveries of Boeing aircraft in retaliation for U.S. President Donald Trump's 145% tariffs.