Boeing's CEO says the deal to end the US-China trade war could include an order for his company's planes

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Purchases of U.S.-made Boeing aircraft by China could be part of a sweeping deal to end the months-long trade war between Washington and Beijing.

The trade war has opened up new risks for Boeing, which calls itself America's biggest exporter, in the world's fastest-growing aviation market.Boeing CEO Dennis Muilenburg told an aviation summit in Washington that he sensed US-China trade talks were progressing"in a good way."

A tit-for-tat trade war between the world's two largest economic powers has slowed the global economy. It has also opened up new risks for Boeing, which calls itself America's biggest exporter, in the world's fastest-growing aviation market. Boeing sells roughly a third of its top-selling US-made 737 jetliners to customers in China.Boeing CEO Dennis Muilenburg told an aviation summit in Washington that he sensed US-China trade talks were progressing"in a good way.

US President Donald Trump has demanded that China shrink its widening trade surplus with the United States. On Wednesday, the US reported the goods trade deficit with China rose 11.6% to an all-time high of $419.2 billion in 2018.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Trump sees an ant and calls it a threat for their country. People with mind know how tremendous loss the company will face if they include aviation market in trade war

I want Boeing to make a plane made entirely out of sticks and biodiesel.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks open higher on reports that U.S.-China trade deal is nearSell the market when the deal is clinched.
Source: MarketWatch - 🏆 3. / 97 Read more »