By Pilar Arias | Fox Business
Chinese airlines have been ordered not to take any further deliveries of Boeing aircraft in response to the U.S. imposing 145% tariffs on Chinese goods, Bloomberg News reports.
Just before 7 a.m. EST, Boeing’s pre-market share stock price was down 3.72%.
The aerospace company calls itself a “top U.S. exporter” that serves “customers in more than 150 countries.”
Boeing’s year-to-date deliveries show that 18 aircraft have been delivered to nine airlines in China. The country’s top three airlines – Air China, China Eastern Airlines and China Southern Airlines – have plans to take delivery of 45, 53 and 81 Boeing planes, respectively, between 2025-2027, Reuters reports.