Trump Administration Considers Halting Deliveries Of Some Jet Engines To China (COMAC C919) - GE Could Take A Hit
CFM, a joint venture between GE and France's Safran, is asking for a license to export more LEAP 1C jet engines to China
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February 16, 2020 - by Ted Mann and Bob Davis
The Trump administration is considering a proposal to halt deliveries of jet engines co-produced by General Electric Co. for a new airliner being developed in China, a potential escalation of protective trade measures that could have steep repercussions for the major American manufacturer.
The administration may decline to issue a license allowing CFM International, a joint venture of GE and France's Safran SA, to export more of its LEAP 1C jet engines to China, people familiar with the discussions said.
The engines are being...
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