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.
President Donald Trump announced Friday that Boeing will build the Air Force’s future F-47 fighter jet, which the Pentagon says will have stealth and penetration capabilities that would be essential in a potential conflict with China.