Donald Trump has touted ‘fantastic trade deals’ on his return from China, but so far it appears the President has flown home largely empty handed.
A large order for Boeing jets had been agreed, Trump told reporters on Air Force One, touting ‘200 planes and a promise of up to 750 if they do a good job.’
But Beijing has not confirmed the purchase.
Investors had expected a 500-jet deal, and Boeing’s stock dropped 4.7 percent Thursday, extending losses another 2.8 percent Friday.
The American jet-maker is competing with European rival, Airbus, which has outstanding orders for 500 planes from Chinese customers, and has opened
To provide well-rounded coverage and a breadth of insight across various events, we rely on contributions from several staff writers, each bringing their own area of expertise to our publication.
