Boeing, China
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The United Kingdom will purchase $10 billion of Boeing planes, U.S. Commerce Secretary Howard Lutnick said on Thursday during the announcement of a bilateral trade deal between the UK and the United States,
5don MSN
WASHINGTON (AP) — President Donald Trump agreed Thursday to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal but played down the possibility of other nations getting similarly favorable terms on his import taxes, which are roiling the global economy.
Trump said this would boost U.S. exports of beef, ethanol and other goods — though details on food standards still need to be worked out. The 10% U.S. tariff on imports of most British goods remains.
British Airways parent IAG is poised to order about 30 Boeing 787 Dreamliner aircraft, Bloomberg News reported on Thursday, citing people familiar with the matter.
At a White House press conference confirming a trade deal between the US and United Kingdom, Secretary of Commerce Howard Lutnick hinted at a new $10 billion order for Boeing (BA) planes from UK officials.
U.S. stocks rallied Thursday as President Trump sealed his first trade deal with the UK benefiting big companies including Boeing. This as trade talks with China continue. Separately, the Vatican announced the first ever American Pope,