Business

Trump Urges Boeing to Default on China Deals Amid Trade Tensions and Fentanyl Crisis

Trump's Stern Warning to Boeing Over China Deals

United States President Donald Trump has publicly advised Boeing to "default China" following the country's decision to cancel orders for "beautifully finished planes." This move comes as tensions between the two nations escalate.

The Broader Context of Trade and Fentanyl

Trump didn't stop at trade issues. He also highlighted the ongoing crisis of Fentanyl entering the U.S. from China, via Mexico and Canada, which he claims is "killing hundreds of thousands of our people." His message was clear: "it better stop, NOW!"

Boeing's Response to the Cancelled Orders

Boeing CEO Kelly Ortberg revealed to CNBC that approximately 50 planes destined for Beijing may no longer be delivered, marking a significant setback in the company's dealings with China amidst the trade war.