China took less than 24 hours to respond to proposed U.S. tariffs with a 106-item list of its own that could affect $50 billion worth of U.S. imports, potentially including some of Boeing’s 737 airplanes.
The impact on Boeing isn’t yet clear, and the tit-for-tat trade sanctions on aerospace goods have not yet been implemented. Hours after China announced its move, Boeing issued a statement voicing hope that Washington and Beijing will be able to avoid a trade war.
