A Boeing jet earmarked for China was returning to the United States on Friday, flight tracking data showed, as the planemaker's flagship delivery plant outside Shanghai was drawn into a deepening tariff war between Beijing and Washington.

Boeing already was suffering in its competition with Airbus before Trump started his tariff war. That won't make things any easier for America's top export company.

On April 15 and 16, 2025, a claim (archived) circulated online that China had halted or canceled all its orders of airplanes from the American aircraft manufacturer Boeing. An X post of a news report on the topic was captioned: 🚨JUST IN: China has just CANCELED all jet orders from American manufacturer Boeing to in response to President Trump hitting the country with tariffs as high as 145% on Chinese goods.

The White House said it was eyeing tariffs on semiconductor chips, which control electrical currents and are used in computers, cell phones and cars.

Donald Trump has enacted massive tariffs on imports from China. Businesses in Los Angeles say they're concerned the tariffs could put them out of business.

Japan recorded a trade deficit for the fiscal year that just ended but racked up a $63 billion surplus with the United States

Japan's government warned of uncertainty over the impact of U.S. trade policies as tariffs could hurt the global economy but it also said in a monthly report on Friday that the domestic economy was recovering moderately thanks to a solid corporate sector.

Ahead of a trade meeting, President Donald Trump said "trade fairness" and the "cost of military support" were both on the table.

As tariff uncertainty continues, the Federal Reserve is growing more concerned. “The level of tariff increases announced so far is significantly larger than anticipated, and the same is likely to be true of the economic effects,