BUZZ-Boeing falls after report China ordered halts to jet deliveries

Reuters
04-15
BUZZ-Boeing falls after report China ordered halts to jet deliveries

** Boeing BA shares down 2.6% to $155.01 premarket

** Bloomberg reports China ordered halts to jet deliveries from the U.S. planemaker amid trade war

** Beijing also asks Chinese carriers to halt purchase of aircraft-related equipment and parts from U.S. companies, per report

** The move comes after U.S. President Donald Trump last week hiked tariffs to 145% on China, which hit back with 125% levies

** BA shares hit a two-and-a-half-year low of $128.88 last week

** As of last close, BA down 10% YTD

(Reporting by Twesha Dikshit)

((Twesha.Dikshit@thomsonreuters.com))

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