Summary
President Trump announces that China will buy over 200 Boeing planes and possibly 750 more, as well as engines from General Electric, as part of trade deals made during his meeting with Xi Jinping. He provides no specifics. This statement is a bullish signal for Boeing and GE, though lacking detail.
- Trump says China will buy over 200 Boeing planes.
- China may buy up to 750 additional planes if initial order goes well.
- China is also buying engines from General Electric.
- The announcement is framed as part of great trade deals with China.
- No specific timeline or financial details were provided.
- Boeing and GE are directly named as beneficiaries.
- The statement was made on Air Force One to reporters.
- The order would be by far the largest ever for Boeing.