China bans Boeing in targeted trade war shot
“If it ain’t Boeing, I ain’t going,” goes the old adage, championing the supposed superiority of the company’s planes on safety issues. If you are traveling in China in future that probably means that you won’t be going very far at all. The US aviation giant is emerging as one of the biggest losers of Donald Trump’s trade war. China has not merely applied punitive tariffs on the company’s planes; it has banned imports altogether. Even existing orders of planes appear to be affected by the ban. What’s more, the ban applies to Boeing itself rather than to general imports of US aircraft – it is personal. Boeing, already reeling from the crash of two 737 MAXs in Indonesia in 2018 and Egypt in 2019, lost $11.