Overview
- China has instructed its airlines to stop accepting deliveries of Boeing jets and halt purchases of US aircraft-related equipment and parts.
- The decision follows retaliatory tariffs imposed by China, raising the cost of US-made aircraft and parts by over 125%.
- Boeing's share prices dropped sharply in premarket trading, reflecting investor concerns over the escalating trade conflict.
- Some Boeing orders may still proceed if payment and paperwork were completed before the new tariffs took effect on April 12, 2025.
- China is reportedly exploring measures to support airlines leasing Boeing jets, which face increased costs due to halted deliveries and high tariffs.