Boeing: trade war between the US and China will damage the global aviation industry

File Reuters
UNITED STATES (VOP TODAY NEWS) – Possible trade war between the United States and China will damage the global aviation industry, the Boeing aviation corporation said in a statement.

“Both governments took positions that could harm the global aviation industry, although no one has yet implemented these harsh measures,” the company said in a statement.

Earlier, the office of the US trade representative distributed a list of 1,3 thousand goods that could fall under the new import duties of the United States. This list includes products of China’s aerospace and technology industry. In response, Beijing expressed its readiness to introduce similar measures against American goods. Raising duties on Boeing’s products in China could mean a redistribution of the Chinese air transportation market, which may be captured by the main competitors of Boeing, the European aircraft manufacturing corporation Airbus, as well as local manufacturers.