American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Politics

China halts Boeing jet deliveries amid rising US-China trade tensions, report says

by admin April 15, 2025
April 15, 2025

In a further escalation to the trade war with the US, China has instructed its airlines to suspend all further deliveries of Boeing aircraft and halt purchases of aircraft-related equipment and parts from US suppliers, Bloomberg reported citing people familiar with the matter.

The directive comes after US President Donald Trump imposed sweeping tariffs of up to 145% on Chinese imports, triggering swift retaliation from Beijing.

The move marks a significant blow for Boeing, whose commercial jet business remains deeply entangled with Chinese demand.

China’s latest retaliatory tariffs, unveiled over the weekend, include a 125% levy on American-made aircraft and parts, effectively doubling their cost and rendering new deliveries financially untenable for Chinese carriers.

Sources in the report said the Chinese government may also consider offering relief to domestic airlines leasing Boeing aircraft who now face sharply increased costs.

However, the overall message is clear: Boeing, once a key beneficiary of China’s aviation boom, is now firmly caught in the crossfire of geopolitical brinkmanship.

Boeing share price fell 2.64% in pre-market hours on Tuesday following the development.

Dozens of Boeing jets in limbo as deliveries stall

Around 10 Boeing 737 Max jets are reportedly awaiting delivery to Chinese airlines, including China Southern Airlines, Air China, and Xiamen Airlines, according to Aviation Flights Group data.

Some of these aircraft are stationed near Boeing’s Seattle plant, while others have reached the company’s Zhoushan finishing center in eastern China.

Industry sources suggest that a few of the planes may still be delivered, depending on whether payment and delivery paperwork were finalized before China’s tariffs took effect on April 12.

Source: Bloomberg

However, approvals are likely to be made on a case-by-case basis, with no guarantees.

Neither the Civil Aviation Administration of China nor Boeing responded to requests for comment. Chinese airlines involved in the pending deliveries also declined to respond.

Adding to Boeing’s woes, Juneyao Airlines recently delayed receipt of a Boeing 787-9 Dreamliner that was scheduled to arrive within weeks, another indication of shifting sentiment among Chinese carriers.

China’s long-term aviation strategy weighs on Boeing’s future

The standoff deepens concerns over Boeing’s long-term position in one of the world’s most critical aviation markets.

China accounts for about 20% of projected global aircraft demand over the next two decades. In 2018, nearly a quarter of Boeing’s deliveries were bound for China.

But recent years have seen a dramatic fall-off in new orders, driven by both geopolitical tensions and internal manufacturing issues.

China was the first country to ground the 737 Max after two fatal crashes in 2018 and 2019.

Trade tensions with both the Biden and Trump administrations further tilted purchasing decisions toward Boeing’s European rival, Airbus.

More recently, Boeing suffered another reputational hit when a door panel blew off a 737 Max mid-flight in January 2024.

Despite efforts to build a more self-sufficient aviation industry, China remains reliant on foreign suppliers for much of its fleet.

Airbus has taken a dominant role in new aircraft supply, while China’s own Comac C919 is still in its early stages of commercial deployment.

Nonetheless, many Chinese airlines operate large Boeing fleets that require continued maintenance and parts support—services that could now be in jeopardy.

The post China halts Boeing jet deliveries amid rising US-China trade tensions, report says appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Apple rallies as US tariff reprieve buys time to rework supply chain; analysts readjust price targets
next post
FTSE 100 index forecast as the GBP/USD exchange rate soars

Related Posts

Reporter’s Notebook: Embedded with the IDF deep inside...

February 13, 2024

Lawmakers introduce legislation holding UNRWA accountable for joining,...

May 8, 2024

Dems attack Johnson over impassioned Columbia speech condemning...

April 27, 2024

DeSantis criticizes Haley for not endorsing Trump: ‘You...

March 8, 2024

Pentagon comes under fire after releasing report of...

February 27, 2024

Tether excluded from MiCA approval as EU grants...

February 20, 2025

Speaker Johnson pushes ‘decorum’ after AOC, Marjorie Taylor...

May 19, 2024

Biden admin notes ‘urgent’ concern over Israel in...

April 24, 2024

State Department offers condolences for death of Iran’s...

May 22, 2024

Billionaire family bankrolling both anti-Israel groups and these...

May 10, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Oil jumps 2% as OPEC agree to smaller output hike for October, sanction threats looms

      September 8, 2025
    • Weekly recap: tech titans woo Trump, Xi’s political theatre, Starmer’s reshuffle

      September 7, 2025
    • Trump reaffirms backing for Robert Kennedy amid vaccine policy turmoil

      September 7, 2025
    • South Korean president promises aid to citizens held in US immigration raid

      September 7, 2025
    • Tim Cook’s repeated ‘thank yous’ at Trump’s White House dinner go viral

      September 7, 2025

    Categories

    • Business (3,926)
    • Investing (2,853)
    • Latest News (2,058)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved