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0.00123504162330902 -0.00143080124869926 -0.00110561914672227 -0.000910509885535996 0.00136576482830372 0.00416233090530688 0.0209417273673255 0.0229663111342351
Stock impact report

China halts Boeing jet orders [FOX Business Network]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Chinese airlines have been ordered not to take any further deliveries of Boeing aircraft in response to the U.S. imposing 145% tariffs on Chinese goods, Bloomberg News reports. Just before 7 a.m. EST, Boeing's pre-market share stock price was down 3.72%. The aerospace company calls itself a "top U.S. exporter" that serves "customers in more than 150 countries." Boeing's year-to-date deliveries show that 18 aircraft have been delivered to nine airlines in China. The country's top three airlines – Air China, China Eastern Airlines and China Southern Airlines – have plans to take delivery of 45, 53 and 81 Boeing planes, respectively, between 2025-2027, Reuters reports. Boeing sees China as an opportunity for growth, according to Reuters, where rival Airbus holds a dominant position. Beijing has also asked that Chinese carriers halt purchases of aircraft-related equipment and parts from U.S. companies, the Bloomberg report said, which is expected to raise maintenance costs for Show less Read more
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