business π€ Trump-Xi talks: Boeing deal is shaky
The Trump-Xi summit is happening amid a trade truce extension between the US and China until January 10th. Despite optimism, hopes for major new Boeing orders from Beijing are fading fast. Negotiations are now focused on finalizing a smaller deal for 200 planes, not hundreds more. Boeing has been struggling in China since 2017 due to trade tensions favoring Airbus. Discussions aim to reduce tariffs and could lead to a broader trade agreement. βοΈ