Boeing CEO Kelly Ortberg revealed to CNBC that the company had three 737 Max airplanes ready for delivery in China, but due to the current tariff environment, two of these planes have already been flown back to the United States, with plans to return the third one soon. Ortberg stated, "They have in fact stopped taking delivery of aircraft due to the tariff environment."
As reported by Western Journal, the situation arises from a broader context of escalating tariffs. Earlier this month, President Donald Trump increased baseline tariffs on Chinese imports to 145 percent, prompting Beijing to retaliate with a 125 percent tariff on U.S. goods. In response to China's refusal to accept the aircraft, President Trump took to Truth Social, urging Boeing to "default China" for not taking possession of the planes they had previously agreed to purchase. "It better stop, NOW!" he asserted, suggesting that Boeing might consider legal action for breach of contract.
BREAKING NEWS: FAR-LEFT REACTS TO BIDEN'S CANCER DIAGNOSIS—AND IT'S REALLY UGLY!
Despite these challenges, Ortberg remains optimistic about Boeing's prospects. He mentioned that the company plans to be pragmatic, potentially redirecting unbuilt planes to other customers. "For those airplanes that haven’t been built yet, we’ll be looking to maybe redirect those to other customers," he explained. For the planes already constructed, Boeing is engaging in "remarketing," as Ortberg noted, "There’s plenty of customers out there looking for the Max aircraft in particular."
TRUMP BREAKS SILENCE ON BIDEN'S HEALTH CRISIS WITH UNEXPECTED COMPASSION (AND A FEW POKES TOO!)
In a potential sign of easing tensions, China has announced exemptions for certain U.S. imports from its 125 percent tariff, as reported by Reuters. This move indicates Beijing's concerns about the trade war's impact, with the government asking firms to identify critical goods they need without the levy. Meanwhile, President Trump has also exempted some Chinese imports, such as electronics, from the highest tariff rate, although they remain subject to a 20 percent tariff as part of efforts to address the fentanyl crisis.
DEVELOPING: PETE HEGSETH MAKES BIG ANNOUNCEMENT ABOUT BIDEN'S BOTCHED AFGHANISTAN WITHDRAWAL!
President Trump, in an interview with Time, mentioned ongoing discussions with China, despite Beijing's denial of such talks. He shared that Chinese President Xi Jinping had reached out to him regarding trade issues. "I don’t think that’s a sign of weakness on his behalf," Trump remarked about Xi, adding, "There’s a number at which they will feel comfortable. But you can’t let them make a trillion dollars on us."
BREAKING NEWS: JAKE TAPPER FINALLY COMES CLEAN AFTER BOOK DROP!
As the trade standoff continues, Boeing's strategic adjustments and the diplomatic maneuvers between Washington and Beijing will be crucial in shaping the future of U.S.-China economic relations. The situation remains fluid, with both sides weighing their options in a complex geopolitical landscape.
