China halts Boeing orders in latest escalation of trade war with U.S.

China halted further Boeing jet deliveries in response to new US tariffs on Chinese goods. This decision significantly impacts Boeing, a major player in the Chinese market. Chinese carriers are also instructed to cease purchasing US aircraft parts and equipment. This action will increase maintenance costs for Chinese airlines. The US and China are locked in a trade war fueled by escalating tariffs. China recently raised tariffs on US imports to 125%. The Chinese government is exploring aid for airlines facing increased costs from the tariffs. Boeing has yet to comment on the situation. Higher tariffs make Boeing jets less competitive against Airbus and COMAC. The trade dispute threatens to severely disrupt the massive trade relationship between the US and China.