Boeing, China and Trump
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A day after President Trump concluded his visit to Beijing, China confirmed a deal to buy U.S. airplanes and related equipment, in a move that could benefit aircraft maker Boeing (BA) and engine developer General Electric (GE).
Boeing CEO Kelly Ortberg says a potential deal for hundreds of jets is dependent on Trump-Xi negotiations as corporate leaders travel to China.
The lack of concrete agreements with Beijing shows the risks of President Trump’s personality-driven foreign policy, which rests on the belief that he can defend U.S. interests through charm and force of will.
Trump's homage and deference to Xi were a striking display of an often commanding president adapting to a new power dynamic, understanding China's rise and its emerging role in the world.