BR100 Increased By (1.3%)
BR30 Increased By (1.3%)
KSE100 Increased By (1.14%)
KSE30 Increased By (1.19%)
AGHA 7.87 Increased By ▲ 0.12 (1.55%)
BECO 5.19 No Change ▼ 0.00 (0%)
BML 58.01 Decreased By ▼ -0.65 (-1.11%)
BOP 34.57 Increased By ▲ 0.88 (2.61%)
CNERGY 10.86 Increased By ▲ 0.25 (2.36%)
CSIL 5.43 Increased By ▲ 0.13 (2.45%)
FCCL 54.55 Increased By ▲ 0.81 (1.51%)
FFL 16.70 Increased By ▲ 0.24 (1.46%)
FNEL 1.23 Increased By ▲ 0.01 (0.82%)
KEL 7.43 Increased By ▲ 0.15 (2.06%)
KOSM 5.69 Increased By ▲ 0.05 (0.89%)
LOTCHEM 29.92 Increased By ▲ 0.27 (0.91%)
MLCF 97.00 Increased By ▲ 0.64 (0.66%)
NBP 206.35 Increased By ▲ 2.82 (1.39%)
NCPL 58.27 Increased By ▲ 1.42 (2.5%)
NPL 69.35 Increased By ▲ 2.04 (3.03%)
OGDC 320.70 Increased By ▲ 2.48 (0.78%)
PACE 10.70 Increased By ▲ 0.07 (0.66%)
PAEL 42.74 Increased By ▲ 0.97 (2.32%)
PIBTL 17.17 Increased By ▲ 0.36 (2.14%)
PPL 223.48 Increased By ▲ 3.31 (1.5%)
PRL 51.95 Increased By ▲ 2.90 (5.91%)
PTC 71.00 Increased By ▲ 0.99 (1.41%)
SSGC 29.63 Increased By ▲ 0.49 (1.68%)
TBL 9.86 Increased By ▲ 0.09 (0.92%)
TELE 9.02 Increased By ▲ 0.20 (2.27%)
TPL 17.47 Increased By ▲ 0.30 (1.75%)
TPLP 13.00 Increased By ▲ 0.49 (3.92%)
TREET 22.91 Increased By ▲ 0.32 (1.42%)
TRG 60.50 Increased By ▲ 0.28 (0.46%)
By

SEATTLE: A Boeing jet intended for use by a Chinese airline landed back at the planemaker’s US production hub on Sunday, a victim of the tit-for-tat bilateral tariffs launched by President Donald Trump in his global trade offensive.

The 737 MAX, which was meant for China’s Xiamen Airlines, landed at Seattle’s Boeing Field at 6:11 p.m. (0111 GMT), according to a Reuters witness. It was painted with Xiamen livery.

The jet, which made refueling stops in Guam and Hawaii on its 5,000-mile (8,000-km) return journey, was one of several 737 MAX jets waiting at Boeing’s Zhoushan completion center for final work and delivery to a Chinese carrier.

Trump this month raised baseline tariffs on Chinese imports to 145%. In retaliation, China has imposed a 125% tariff on US goods.

A Chinese airline taking delivery of a Boeing jet could be crippled by the tariffs, given that a new 737 MAX has a market value of around $55 million, according to IBA, an aviation consultancy.

It is not clear which party made the decision for the aircraft to return to the US Boeing did not immediately respond to request for comment. Xiamen did not respond to request for comment.

The return of the 737 MAX, Boeing’s best-selling model, is the latest sign of disruption to new aircraft deliveries from a breakdown in the aerospace industry’s decades-old duty-free status.

The tariff war and apparent U-turn over deliveries comes as Boeing has been recovering from an almost five-year import freeze on 737 MAX jets and a previous round of trade tensions.

Boeing reports 2024 loss of $11.8bn after strike, safety issues

Confusion over changing tariffs could leave many aircraft deliveries in limbo, with some airline CEOs saying they would defer delivery of planes rather than pay duties, analysts say.

Comments

Comments are closed for this article.

Pakistani Apr 20, 2025 01:41pm
Reaction to this will show either further hardening of position or willingness to renegotiate!
0