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 China instructs airlines to stop buying American parts
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China instructs airlines to stop buying American parts 

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Description: 


China has also instructed its airlines to stop accepting deliveries of Boeing jets in retaliation of U.S. tariffs. 

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Transcription: 

 

George: Now let's take a look at the top stories. 

Breaking today, we start with the growing fallout from the tariff war with China. Chief economics correspondent Rebecca Jarvis is here to break it down. Good morning, Rebecca. 

Rebecca: Hey, George. Hi, guys. And we've seen the trade wars impact on stocks; now we're seeing it hit the real economy and American companies, including Boeing this morning which has suppliers across all fifty states. China instructing its airlines to stop accepting deliveries of Boeing jets and to stop buying American airline parts.  

China also retaliating by restricting exports of rare earth metals and magnets needed to build U.S. cruise missiles, smart bombs, and fighter jets that could impact national security. Meantime, the Trump administration has essentially blocked U.S. company Nvidia, which makes computer chips essential to powering AI, from selling to China to help the U.S. compete. But Nvidia says it will lose $5.5 billion because of this.  

And finally, United Airlines is cutting back on flights and warning the economy is impossible to predict with any degree of confidence. And this is something we're hearing from a lot of companies because of tariffs and because of this trade war, it's hard to see the future, but it is a ripple effect.  

George: Yeah, that's pretty scary.  

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Questions: 


1. What specific actions has China taken in response to the U.S. tariffs that have affected Boeing's operations and supply chain? 

2. How might Nvidia's inability to sell chips to China impact its business and the broader technology sector, particularly regarding advancements in artificial intelligence? 

3. What are the potential long-term implications of the ongoing tariff war on the U.S. economy, as highlighted by the concerns from United Airlines and other companies? 

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2025-05-27 ¿ÀÈÄ 5:10:51
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