U.S. President Donald Trump announced Friday that China has committed to purchasing 200 Boeing aircraft, with the potential for acquiring up to 750 planes in total, according to statements made to reporters. The President noted that the aircraft would be equipped with General Electric engines.
Should this agreement reach completion, it would represent Boeing’s first significant contract with China in almost ten years. The American aircraft manufacturer has been largely excluded from what is considered the world’s second-largest aviation market due to ongoing trade disputes between Beijing and Washington.
This development would also provide a significant victory for Trump, whose assertive tariff strategies and additional trade measures have not yet substantially reduced the considerable U.S. trade deficit.
