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  The Trade Wars continue ... The Chinese government has told the country's domestic airlines to stop accepting deliveries of Boeing jets as a trade war between the world's two largest economies escalates, Bloomberg News reports. China is also instructing its carriers to stop buying airline parts and other components from U.S. companies, according to Bloomberg, which cited people familiar with the situation.  Boeing declined to comment. The aviation giant's shares fell $2.59, or 1.6%, to $156.74 in morning trading. The order to stop accepting Boeing jets comes after China boosted its retaliatory tariffs on U.S. goods to 125%. That matches the level of tariffs that President Trump has placed on Chinese imports, although those taxes can rise as high as 145% for some products. China's tariffs would have more than doubled the price of U.S.-made aircraft and parts, making the cost unaffordable, Bloomberg reported. Boeing is scheduled to ship about 10 737 Max aircraft to Chin...

 

Between whistleblowers showing up dead and members being lost in space , I'm surprised this hasn't happened sooner : Boeing bosses are staring down the barrel. The twists and turns of the past week paint a picture of managers badly wrong-footed by the depth of fury among workers who tossed out a 25% pay increase deal and launched strike action. "They probably didn't think that we had enough people for the strike," Kushal Varma, a Boeing mechanic, told Reuters. "But this is a movement of people who are willing to put their livelihoods on the line to get what's fair." With little time to regroup, and pressure mounting, management enters a fresh week of talks to contain the crisis at the $97 billion U.S. aerospace champion.  A week ago, Boeing executives believed they'd done enough to secure the pay deal with around 33,000 workers in Washington state, the heart of the company's global manufacturing operations, according to two people directly i...