China has ordered its airlines not to take further deliveries of Boeing jets in response to the U.S. decision to impose 145% tariffs on Chinese goods, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Shares of Boeing fell Tuesday following a report that China has halted the delivery of all its jets to airlines in the country as part of the escalating trade war.

BENGALURU] China has ordered its airlines not to take any further deliveries of Boeing jets in response to the US decision to impose 145 per cent tariffs on Chinese goods, Bloomberg News reported on Tuesday (Apr 15),