Chinese government tells airlines to suspend Boeing orders amid tariff war
R-Calif. Rep. Darrell Issa of the president discusses trade negotiations with more than 100 countries in “The Evening Edit.”
Chinese airlines have been ordered not to deliver further Boeing aircraft in response to the US, which is leviing a 145% tariff on the US, according to Bloomberg news.
Just before 7am on EST, Boeing’s pre-market stock price fell 3.72%.
Aerospace companies call itself The “top US exporter” serves customers in over 150 countries.
Boeing delivery from the beginning of the year It shows that 18 planes have been delivered to nine Chinese airlines. The nation’s top three airlines (Air China, Chainaistan Airlines, and China South Airlines) are planning to deliver 45, 53 and 81 Boeing aircraft between 2025 and 2027, respectively, Reuters reports.
300 people after storm deflects planes to the airport without customs
Air China Company’s Boeing 747-4J6 will land in Barcelona, Spain on November 23, 2024. (Joan Valls /Urbanandsport /Nurphoto /Getty Images)
Boeing sees China as an opportunity for growth, according to Reuters, where rival Airbus holds the dominant position.
Beijing also asked The Bloomberg report said that Chinese airlines have stopped purchasing aircraft-related equipment and parts from US companies is expected to increase maintenance costs for jets flying domestically. However, the Chinese government is considering ways to lease Boeing jets and provide assistance to airlines facing higher costs, Bloomberg News reported.
Traveler’s real ID deadlines, access to some federal buildings is quickly approaching
China Eastern Airlines Boeing 777 taxis at Los Angeles International Airport after arriving from Shanghai on March 28, 2025. (Getty Images)
The US and China are caught up in a That’s what Tatraf was It was caused by President Donald Trump’s trade policy. Trump, who said he was happy with China’s tariffs on Friday, also suggested that deals with Beijing could be on the horizon, but has yet to reach an agreement.
China hiked 125% of US import taxes last week in retaliation against US tariffs.
Air China Boeing 777-300 taxis are available at Beijing International Airport on April 10, 2025. (Wang Zhao/AFP/Getty Images)
| Ticker | safety | last | change | change % |
|---|---|---|---|---|
| ba | Boeing Co. | 159.28 | +2.44 |
+1.56% |
For more information about Fox Business, click here
The 125% obligation will significantly increase the costs of Boeing Jets bound by Chinese airlines, and will be a financial burden, prompting airlines to consider alternatives such as Airbus and domestic player Comac.
Boeing did not immediately respond to Fox business requests for comments.
Reuters contributed to this report.