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Investing.com-- The U.S. government has allowed GE Aerospace (NYSE:GE) to resume jet engine shipments to China’s state-owned COMAC, Reuters reported on Thursday, citing a person familiar with the matter.
The move marked a notable step toward easing trade tensions between the world’s two largest economies. Earlier this week, the U.S. also lifted restrictions on exports to China for chip design software developers and ethane producers.
The lifted licenses apply to GE’s LEAP-1C engines—produced in partnership with France’s Safran—for COMAC’s C919 jet, and CF34 engines for the regional C909 aircraft, the report said.
At least one other aerospace firm reportedly saw similar relief, Reuters reported.
Beijing’s earlier curbs on rare earths had disrupted global supply chains. The U.S. restrictions, part of a broader response under the Trump administration, had threatened to derail broader trade negotiations.