The President of the USA, Donald Trump, announced that China has agreed to order 200 Boeing airplanes during an official visit to Beijing. This order would mark the first purchase of commercial aircraft made in the USA by Beijing in nearly ten years. Additional details about the transaction are limited, and Boeing's shares fell by more than 4% after the announcement.
Although Trump mentioned a total of 200 airplanes, the figure is significantly lower than previous estimates that suggested an order of 500 or more aircraft. The White House and Boeing did not provide immediate comments regarding the details. US Treasury Secretary Scott Bessent had anticipated an important announcement during Trump's visit, which included discussions with Chinese leader Xi Jinping. This order could have significant implications for trade relations between the two countries.
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