China Halts Boeing Jet Deliveries Amid Trade War Escalation

China has ordered its airlines to halt deliveries of Boeing jets in retaliation for the United States imposing steep tariffs of up to 145% on Chinese imports. This directive extends to suspending purchases of aircraft-related equipment and parts from U.S. manufacturers, highlighting the escalating trade tensions between the two nations. The Chinese government is also exploring ways to support airlines leasing Boeing jets, as they face increased operational costs due to the tariffs. This move could further entrench Boeing's struggles in the Chinese market, where Airbus is already gaining a significant share. The situation underscores the broader implications of the trade war, as both countries continue to engage in economic posturing with global repercussions. Industry experts warn of potential ripple effects across various sectors as these trade disputes evolve.