Overview
- China has ordered its airlines to suspend deliveries of Boeing aircraft and halt purchases of US-made aviation parts, citing retaliatory measures in the trade conflict.
- The US has escalated tariffs on Chinese imports to 145%, with China responding by imposing 125% tariffs on American goods.
- Boeing's stock fell 1.81% following the announcement, reflecting the growing strain on the US aviation sector.
- Ryanair's CEO indicated the airline might delay delivery of 25 Boeing planes if tariffs lead to price increases, highlighting broader supply chain disruptions.
- Despite these tensions, China's economy showed resilience in Q1 2025, with GDP growth of 5.4% year-on-year, exceeding analyst expectations.