China has agreed to buy 200 Boeing jets, Trump says
- On Thursday, President Donald Trump told Fox News that China has agreed to order 200 Boeing jets, marking the country's first purchase of U.S.-made commercial aircraft in nearly a decade.
- Trump claimed that Chinese President Xi Jinping agreed to 200 jets, noting "Boeing wanted 150, they got 200," though prior media reports suggested a potential order of 500 or more aircraft.
- Boeing shares fell more than 4% following the announcement, while The White House and Boeing provided few details on whether the order includes best-selling 737 Max planes.
- Treasury Secretary Scott Bessent had previously anticipated a major Boeing announcement during the trip, where Boeing CEO Kelly Ortberg joined President Donald Trump on the visit to Beijing.
- The agreement represents a significant development for the manufacturer after winning no major orders from China in almost a decade, though neither Boeing nor The White House provided immediate comment.
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JUST IN: China Agrees To Tariff Reductions After Trump’s Historic Visit
On Saturday, China announced it reached a preliminary trade agreement with the United States, a development seen as a stepping stone toward solving ongoing trade tensions. The agreement centers on proposed tariff reductions following President Donald Trump’s recent visit to Beijing. The Chinese commerce ministry issued a brief statement indicating that the two nations had agreed in principle to lower tariffs on select products. However, they did…
China Claims Preliminary Trade Deal With U.S. Following Trump’s Beijing Visit
Chinese leader Xi Jinping. Photo courtesy of the Ministry of Justice of the People’s Republic of China. China said Saturday it had reached a preliminary trade agreement with the U.S. that includes proposed tariff reductions, following President Donald Trump’s visit to Beijing. In a statement, China’s commerce ministry said the two sides had agreed in principle to lower tariffs on certain products on an equivalent basis. However, Beijing failed t…
China's Ministry of Commerce announced on Saturday that Beijing and Washington reached a preliminary agreement on tariff reductions and also confirmed the agricultural and aviation agreements concluded during the visit of US President Donald Trump to Beijing, reports Politico.
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