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Trump Administration Considers Halting GE Venture’s Engine Deliveries to China

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Monday, 17 February, 2020, 12:15
Trump Administration Considers Halting GE Venture’s Engine Deliveries to China

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.