US-China Trade War: China halts deliveries of US-made Boeing jets, intensifying trade tensions between the two nations:

Daily Current Affairs / US-China Trade War: China halts deliveries of US-made Boeing jets, intensifying trade tensions between the two nations:

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Category : Business and economics Published on: April 19 2025

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China has told its airlines to stop taking deliveries of jets from American aviation giant Boeing, a report said Tuesday (April 15, 2025), as a trade war between Beijing and Washington deepens.
In retaliation to US' 145% tariff, China has slapped a 125% per cent levy on US imports - effectively doubling the price of Boeing jets.