Boeing jet returns to US from China, a victim of Trump’s tariff war
https://www.straitstimes.com/asia/east-asia/boeing-jet-returns-to-us-from-china-a-victim-of-trumps-tariff-war
by boppinmule
Boeing jet returns to US from China, a victim of Trump’s tariff war
https://www.straitstimes.com/asia/east-asia/boeing-jet-returns-to-us-from-china-a-victim-of-trumps-tariff-war
by boppinmule
2 comments
Boeing is particularly vulnerable to the current trade disputes between [America and its trading partners](https://edition.cnn.com/2025/04/15/business/boeing-china-deliveries/index.html). Unlike many multinational companies, Boeing builds all of its planes at US factories before sending nearly two-thirds of its commercial planes to customers outside the United States. And **Boeing is a major part of the US economy, contributing an estimated $79 billion and supporting 1.6 million jobs** both directly and indirectly. It has nearly 150,000 US employees of its own.
Boeing has been struggling for six years, **racking up $51 billion in operating losses since 2018**, the last year it reported an annual profit. China is the world’s largest market for aircraft purchases, with Boeing’s own recent analysis estimating that **Chinese airlines are expected to purchase 8,830 new planes over the next 20 years.**
FAFO
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