The China-US trade war is not good news for Boeing -- it's the largest American exporter, and China is its most important export market
The trade dispute between the United States and China worsened Monday with China imposing new tariffs on American goods in retaliation for the US decision to raise tariffs on Chinese goods last week. Boeing's orders from China had previously escaped the earlier Chinese tariffs. The immediate impact on Boeing planes from the new round of tariffs was not immediately clear early Monday.
— Hu Xijin 胡锡进 May 13, 2019 "China may stop purchasing US agricultural products and energy, reduce Boeing orders and restrict US service trade with China," tweeted Hu Xijin, editor-in-chief of the Chinese and English editions of the Global Times.Read MoreThe $1,000,000,000,000 jet marketChina, with its growing demand for travel, has become the key market for aircraft purchases. Boeing predicts that China will soon become the world's first $1 trillion market for jets.
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