Trade war threat adds to Boeing woes
Already in crisis mode over the grounding of its top-selling 737 MAX aircraft, Boeing now finds itself at risk of becoming collateral damage in the US-China trade dispute. The editor of Communist party-owned Global Times newspaper said Monday that Boeing's order book could take a hit as Beijing parries Washington in the escalating trade fight. "China may stop purchasing US agricultural products and energy, reduce Boeing orders and restrict US service trade with China," Global Times editor Hu Xijin wrote on his verified Twitter account.
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