The Trump administration is thinking about a proposal to halt deliveries of jet engines co-made by General Electrical Co. for a new airliner being produced in China, a prospective escalation of protecting trade actions that could have steep repercussions for the main American manufacturer.
The administration may perhaps drop to issue a license letting CFM International, a joint venture of GE and France’s Safran SA, to export extra of its LEAP 1C jet engines to China, individuals familiar with the discussions claimed. The engines are being…