Trump Acknowledges Qatar Providing the U.S. a Luxury Boeing Jet at No Cost
President Donald Trump has announced that Qatar is providing the United States with a beautiful Boeing 747 jet at no cost. “So, the Pentagon is giving away these 747 aircraft for free to temporarily replace the 40-year-old Air Force jets in a very transparent deal, while those troubling Democrats insist on payment,” Trump stated in […]
EU prepares $114B in tariffs on Boeing and American cars
The European Union is poised to impose tariffs on Boeing aircraft and cars made in the U.S. This move is seen as a significant response to tariffs levied by the Trump administration on goods from the EU, should ongoing trade discussions fail to ease tensions across the Atlantic. The proposed tariffs could affect around $114 […]
Trump knocks China for refusing to accept Boeing jets amid trade war
President Trump on Thursday knocked China for refusing to accept Boeing aircraft amid an ongoing trade war with the US, calling for rejection and calling another example of China using the US “Boeing needs to be in debt to China because it doesn’t take the beautifully completed plane that China has promised to buy. This […]
China sends back Boeing planes amid increased tariffs
Boeing CEO Kelly Ortberg said the company is working with China to retrieve the planes it sent to the country amid the rise in tariff war between China and the US. Autoberg said in an Interview with CNBC Boeing has three planes “ready for delivery” to China. Two of them had already been returned, but […]
Boeing to be ‘pragmatic’ on China sales amid trade tensions, CEO says
President Donald Trump chose the aerospace giant to build the next generation of aviation control platforms. Boeing CEO Kelly Autoberg said Wednesday that he will work to protect the aerospace giant’s turnaround from the effects of the trade war between the US and its trading partners, particularly China. Prior to the company’s quarterly revenue announcement, […]
Boeing investors brace for fallout from Trump tariffs | Boeing
Boeing investors are supported to learn the full impact of Donald Trump’s trade war as US planer makers fear that they will be hit harder than would have been expected after US plain makers targeted at Chinese airlines returning to the US. The Boeing 737 Max 8 plane returned to the US on Monday by […]
Boeing aircraft intended for Chinese airlines return to U.S.
Rep. Byron Donald, R-Fla. discusses 84% Chinese retaliatory tariffs on US goods participating in “Varney & Co.” Chinese airlines have begun returning Boeing aircraft to the US, according to Reuters. Saturday’s return occurred shortly after the airline ordered the airline to stop the US from delivering further delivery of Boeing aircraft, with China imposing a […]
Chinese government tells airlines to halt Boeing order amid tariff wars
R-Calif. Rep. Darrell Issa of the president discusses trade negotiations with more than 100 countries in “The Evening Edit.” Chinese airlines have been ordered not to deliver further Boeing aircraft in response to the US, which is leviing a 145% tariff on the US, according to Bloomberg news. Just before 7am on EST, Boeing’s pre-market […]
Boeing CEO Kelly Ortberg to testify about ‘serious missteps’ in Senate hearing
President Donald Trump has said the F-47 will be the most advanced and capable deadly aircraft ever built. Fox Business' Edward Lawrence reports on the latest addition to the US military. Boeing CEO Kelly Autoberg will appear before a Senate committee on Wednesday to testify on how plane manufacturers can improve safety standards after several […]
Boeing ordered to face June 23 fraud trial over 737 MAX crashes after plea deal collapse
A federal judge on Tuesday suddenly set a June 23rd trial date in a Justice Department criminal fraud case against Boeing, arising from allegedly misrepresenting plane makers against U.S. regulators over a critical system on the 737 Max. In July, Boeing agreed to plead guilty to criminal fraud conspiracy charges after two fatal 737 maximum […]