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Two If By Tea
11 Apr 2025 12:22 pm
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"China announced earlier that it had raised its levies on U.S. goods to 125%, up from the previous 84%, but stated that it would "no longer respond" to any further tariff increases from Washington. This suggests that Beijing may begin rolling out non-tariff countermeasures. 

 Hours after the initial announcement—and about an hour into the U.S. cash session—Bloomberg reported that China's Juneyao Airlines had delayed the delivery of a widebody aircraft from Boeing, according to people familiar with the matter.

 The people said Juneyao was supposed to take delivery of the 787-9 Dreamliner in three weeks but will now hold off due to the escalating trade war. "
 
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