China has ordered its airlines to halt all future deliveries of Boeing aircraft and any purchases of aircraft-related equipment and parts from US companies amid the ongoing trade war between Washington and Beijing, Bloomberg reported on Tuesday, citing people familiar with the matter.
The Chinese government is also exploring options to support airlines that lease Boeing jets and are experiencing increased costs, the report said. The move comes after the two biggest economies exchanged record tariff increases on their goods, bringing tariffs to 145% on Chinese goods and 125% on American goods.
