November 6, 2018 / 7:48 AM / a year ago

Boeing optimistic about speedy resolution to U.S.-China trade dispute: exec

FILE PHOTO: The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker/File Photo

ZHUHAI, China (Reuters) - Boeing Co (BA.N) is optimistic of a quick resolution to the trade dispute between the United States and China, an executive at the U.S. planemaker said on Tuesday.

The company is urging productive dialog between the two sides, said Rick Anderson, Boeing vice president of Northeast Asia sales.

China in April said that it would place a 25 percent tariff on certain U.S. aircraft but later dropped it from its tariff list. Any such tariff would have affected some older Boeing narrowbody models, according to documents from China’s Ministry of Commerce and the U.S. manufacturer.

Europe’s Airbus SE (AIR.PA) indicated on Tuesday that it did not expect a sales windfall from the Sino-U.S. trade tensions, with the manufacturer’s China head saying there would be “no winner” from a prolonged economic conflict.

Reporting by Stella Qiu, Tim Hepher and Brenda Goh, writing by Jamie Freed; Editing by Shri Navaratnam

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