BUSINESS STANDARD
China has lifted its month-long ban on airlines accepting deliveries of Boeing aircraft, following a breakthrough in trade talks between the United States and China.
According to a Bloomberg report, Beijing has informed domestic carriers that they can now resume deliveries of US-made aircraft. However, airlines will have the discretion to organise the delivery on their own timing and terms.
The decision comes a day after the two countries announced a 90-day pause on tariffs and agreed to slash them by 115 percentage points. The move follows months of escalations between the two economic giants, who have been engaged in a retaliatory tariff war.
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