US President Donald Trump warned of possible export restrictions on Boeing aircraft components to China. This statement was a response to Beijing's recent measures to restrict exports of rare earth minerals, which are critical to American industry.

Speaking to reporters at the White House, Trump noted China's dependence on American aircraft.

"We have a lot of everything, including the most important thing—airplanes. China has a lot of Boeing, and they need spare parts and much more." “he said, answering a question about potential targets for new export barriers.

According to analysts, Chinese airlines operate 1855 Boeing aircraft and are awaiting delivery of another 222. However, China's share of Boeing's order book has fallen to less than 5 percent, down from its all-time high of 25 percent. Potential restrictions will affect not only Boeing but also engine suppliers such as GE Aerospace and CFM International.

Trump's threat fits into the ongoing trade conflict between the US and China, where Washington has previously used Boeing as a lever of pressure. In April, Beijing temporarily suspended new Boeing aircraft due to trade disputes. Negotiations are currently underway to supply up to 500 aircraft to China—the first major deal since Trump's first term.