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China seeks to extend US tariff truce, says it will buy 200 Boeing jets

China has said it will buy 200 Boeing aircraft while seeking an extension of its tariff truce with the United States, signalling renewed efforts to stabilise trade relations and prevent fresh escalation in bilateral tensions

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China's President Xi Jinping looks at US President Donald Trump as they attend a state banquet at the Great Hall of the People in Beijing on May 14. File/AFP
China's President Xi Jinping looks at US President Donald Trump as they attend a state banquet at the Great Hall of the People in Beijing on May 14. File/AFP
FP Business Desk|May 20, 2026, 09:55:15 IST

China on Wednesday signalled a renewed push to stabilise trade relations with the United States, saying it will purchase 200 aircraft from Boeing while seeking an extension of the tariff truce agreed between the two sides in Kuala Lumpur last year.

The announcement by China’s Commerce Ministry comes as the world’s two largest economies attempt to prevent another escalation in trade tensions that have repeatedly disrupted global supply chains and affected key manufacturing sectors, including aviation.

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Alongside the aircraft purchase, Beijing said the United States will provide supply guarantees for aircraft engine parts and other critical components under the arrangement, underscoring the deep interdependence of US–China aerospace supply chains.

China also said both sides will work towards reciprocal tariff reductions covering at least $30 billion worth of goods each, while insisting that US tariffs on Chinese exports should not exceed levels set under the existing Kuala Lumpur framework.

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Last week, Trump claimed that China had committed to purchasing 200 Boeing aircraft following his talks with Xi, describing the figure as “200 big ones” in a Fox News interview. He suggested the order was effectively agreed during the discussions, framing it as a significant boost for US manufacturing and employment.

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First Published:May 20, 2026, 09:38:00 IST
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