In an unique sit-down with Sean Hannity, President Donald Trump introduced that President Xi Jinping has dedicated to buying 200 Boeing jets, boosting American manufacturing.
President Donald Trump mentioned that Chinese language President Xi Jinping agreed to order 200 Boeing jets throughout their high-level assembly in Beijing.
Talking in an unique interview with Fox Information host Sean Hannity, Trump described his talks with the Chinese language chief as “excellent” and mentioned the plane dedication exceeded Boeing’s expectations.
“One factor [Xi] agreed to right now: he’ll order 200 jets. That is an enormous factor. Boeing — 200 massive ones. That is a whole lot of jobs. It is lots. Boeing needed 150, he received 200,” Trump mentioned.
Phrases of the settlement, together with supply timelines and plane fashions, weren’t instantly disclosed.
TRUMP READIES FOR BEIJING SUMMIT WITH XI AS AI CHIP SALES, FARM GOODS TOP AGENDA
President Donald Trump (L) shakes arms with China’s President Xi Jinping on the Nice Corridor of the Individuals in Beijing on Might 14, 2026. (Kenny HOLSTON / POOL / AFP by way of Getty Photographs)
Trump arrived in China Wednesday alongside a delegation of prime American enterprise leaders for conferences with Chinese language officers and executives. The go to marks Trump’s first journey to the nation since 2017 and comes amid mounting tensions over commerce, synthetic intelligence, Taiwan and the fallout from the struggle with Iran.
Boeing CEO Kelly Ortberg was amongst these executives and lately mentioned the journey represented “a significant alternative” for the aerospace big.
Whereas Ortberg declined to specify the variety of plane underneath dialogue throughout a current analyst name, he mentioned he was “extremely assured” that if Trump reached an settlement with Xi, the deal would “embrace some plane orders.”
BOEING PURSUES MASSIVE CHINA JET DEAL AS CEO JOINS TRUMP’S DELEGATION TO BEIJING
Boeing CEO Kelly Ortberg testifies earlier than the Senate Committee on Commerce, Science, and Transportation Hearings on manufacturing high quality points on Capitol Hill in Washington, D.C., on April 2, 2025. (Brendan Smialowski/AFP by way of Getty Photographs / Getty Photographs)
Bloomberg beforehand reported that China was contemplating buying roughly 500 Boeing 737 Max plane to satisfy rising airline demand.
Boeing shares fell greater than 4% in Thursday buying and selling after the reported order complete fell wanting analysts’ expectations, in line with Reuters.
China final introduced a serious Boeing buy throughout Trump’s 2017 go to to Beijing, agreeing to purchase 300 plane from the U.S. producer, the outlet reported.
FORMER TREASURY SECRETARY SAYS GUARDRAILS ARE NEEDED TO AVOID US-CHINA ‘MUTUALLY ASSURED ECONOMIC DISRUPTION’
Members of the U.S. delegation and CEOs from numerous industries stand previous to a welcome ceremony for U.S. President Donald Trump outdoors the Nice Corridor of the Individuals on Might 14, 2026, in Beijing, China. (VCG/VCG by way of Getty Photographs / Getty Photographs)
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Boeing and European rival Airbus have aggressively competed for plane gross sales in China, one of many world’s largest aviation markets.
Different executives touring with the U.S. delegation included Tesla and SpaceX CEO Elon Musk, Apple CEO Tim Cook dinner, BlackRock CEO Larry Fink, Citi CEO Jane Fraser, and Cargill CEO Brian Sikes.
Reuters, Fox Information Digital’s Jasmine Baehr and Efrat Lachter, in addition to FOX Enterprise’ Eric Revell contributed to this report.
