China Orders Boeing Jet Delivery Halt as Trade War Expands

WATCH: China has ordered its airlines not to take any further deliveries of Boeing Co. jets, according to people familiar with the matter. Danny Lee reports.Source: Bloomberg
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China has ordered its airlines not to take any further deliveries of Boeing Co. jets as part of the tit-for-tat trade war that’s seen US President Donald Trump levy tariffs of as high as 145% on Chinese goods, according to people familiar with the matter.

Beijing has also requested that Chinese carriers halt any purchases of aircraft-related equipment and parts from US companies, the people said, asking not to be identified discussing matters that are private.