🇨🇳✋ China Halts Boeing Plane Deliveries

• China has ordered its airlines to stop taking new Boeing planes, according to Bloomberg.

• Airlines have also been told not to buy U.S.-made aircraft parts or equipment.

• This is a direct response to new U.S. tariffs of up to 145% on Chinese goods.

💣 China Strikes Back with Tariffs of Its Own

• China retaliated by slapping 125% tariffs on American goods — including planes and parts.

• These tariffs will more than double the cost of U.S.-made aircraft for Chinese buyers.

• This makes it very hard for airlines to keep accepting Boeing deliveries.

💸 Help for Affected Airlines

• China is reportedly looking at ways to support airlines that lease Boeing jets, which are now facing higher costs due to tariffs.

🛑 Trouble for Boeing in a Key Market

• The trade conflict puts Boeing in a tough spot in one of its biggest markets.

• China accounts for 20% of global aircraft demand over the next 20 years.

• In 2018, 25% of Boeing’s deliveries went to China, but new orders have stalled.

📉 Boeing’s Ongoing Struggles

• The company is still recovering from past problems:

  • 737 Max grounded by China in 2019 after fatal crashes.

  • Quality concerns in 2024, after a door plug came off mid-flight.

• Trade tensions under both Trump and Biden have led China to shift toward Airbus, Boeing’s European rival.

🌏 China Still Needs Foreign Aircraft

• Despite the standoff, China relies on foreign companies to meet rising demand for passenger planes.