US slows aircraft-part exports to China as Trump seeks leverage in trade negotiations, sources say
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Trump administration slowed aircraft-part exports to China to gain leverage in trade negotiations, sources said on October 1.
- ✓The Commerce Department limited shipments to state-owned planemaker COMAC to prevent stockpiling.
- ✓These moves aim to pressure Beijing as both nations work to resolve ongoing economic issues before January 2027.
Story at a Glance
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- BUSINESS
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- Reuters
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- India Economy
NEW YORK, Oct 1 (Reuters) - The Trump administration has been taking steps to turn China's dependence on US aviation suppliers into leverage for trade negotiations, according to people familiar with the matter.
Efforts to slow vital goods to China show how the US is working to strengthen its hand in trade talks as Washington works to loosen Beijing's grip on rare earth minerals needed for a wide range of US industries, including vehicle manufacturing, chipmaking and aerospace. Two sources said the US Department of Commerce is positioning itself to increase pressure on Beijing, should the administration call upon it to do so.
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The slowdown has taken several forms. The Commerce Department slowed export licensing for airplane parts bound for China in recent weeks, two other sources told Reuters.
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