Global Footer BannerSponsored

Read the market story
U.S. Slows Aircraft-Part Exports to China as Trade Pressure Targets COMAC

The United States has slowed aircraft-part exports to China as trade pressure increasingly targets COMAC, China’s state-owned aircraft manufacturer. The restrictions could affect supply chains and add further strain to the aviation trade relationship between the two countries.

The Trump administration is slowing approvals for exports of U.S. aircraft parts to China as Washington seeks LeverageDefinition   Leverage allows a trader to control a market position whose notional value is larger than the capital posted as margin. It magnifies both gains and losse...Read More in trade negotiations, Reuters reported, citing people familiar with the matter. The Commerce Department has delayed some export licences and is considering tighter controls on components used by Chinese planemaker COMAC, including landing-gear and hydraulic-related supplies. The aviation restrictions add a sector-specific pressure point to U.S.-China trade tensions as Washington also seeks concessions involving Chinese rare-earth supplies and other strategic goods.

      Sponsored
      Disclaimer: This content is for educational and informational purposes only. It does not constitute investment advice, financial advice, or a recommendation to buy or sell any security. Past performance is not indicative of future results. Trading forex and CFDs involves substantial risk of loss. Always consult a qualified financial advisor before making investment decisions.