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

Boeing shares are down nearly 3% after reports that [China told its airlines to stop taking delivery of the Seattle-based company's planes](

China has reportedly instructed its domestic airlines to not accept any further deliveries of Boeing (NYSE:BA) jets, escalating tensions in the ongoing trade dispute with the U.S., where President Donald Trump has imposed tariffs of up to 145% on Chinese imports.