President Donald Trump’s administration plans to bar Chinese passenger carriers from flying to the United States starting in mid-June as it pressures Beijing to allow U.S. air carriers to resume flights, three U.S. and airline officials briefed on the matter told Reuters. The move, set to be announced on Wednesday, penalizes China after Beijing failed to comply with an existing agreement on flights between the world’s two largest economies. The restrictions are expected to take effect on June 16 but the date could be moved up by Trump, the people briefed on the matter said, speaking on condition …read more
Source:: Yahoo Finance