Boeing Is In China's Crosshairs After Trump Tariffs

Boeing Is In China's Crosshairs After Trump Tariffs
AP Photo/Elaine Thompson

The expected announcement later Thursday that the United States will impose tariffs amounting to $30 billion to $60 billion on Chinese imports is a “potentially toxic exogenous shock” for Boeing Co. (NYSE: BA), according to an industry analyst. Boeing exports about 80% of the airplanes it builds.

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