Overview

• The US has imposed tariffs of up to 145% on Chinese imports, with China responding with 125% duties on US goods.
• China has ordered its airlines to suspend Boeing aircraft deliveries and halt purchases of US-made aviation parts.
• Major airlines, including Ryanair and Juneyao Airlines, have postponed Boeing deliveries due to increased costs from tariffs.
• The World Trade Organization warns of a potential 1.5% contraction in global merchandise trade in 2025, citing heightened trade tensions.
• Both nations maintain public positions, with the US urging China to negotiate and China calling for dialogue while asserting its right to retaliate.