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Investing.com -- U.S. President Donald Trump expressed his views on Boeing (NYSE:BA)’s situation with China in a post on Truth Social. He suggested that Boeing should default China for not accepting the planes they had committed to purchase. This comes in the wake of China halting the acceptance of aircraft deliveries from Boeing due to the ongoing trade war with the United States.
Recently, news broke that Boeing might transfer some of its aircraft, initially intended for Chinese airlines, to other carriers. The decision comes after China ceased taking deliveries of Boeing planes as a result of the tariff environment.
Boeing CEO Kelly Ortberg confirmed the situation in an interview on CNBC’s “Squawk on the Street” on Wednesday. Ortberg stated that China has indeed stopped taking delivery of aircraft due to the current tariff environment. He further revealed that a few 737 Max planes, which were in China for delivery to local carriers, have been flown back to the U.S.
In his Truth Social post, President Trump also addressed the issue of Fentanyl entering the U.S. from China via Mexico and Canada. He demanded an immediate halt to the situation, which he said is causing hundreds of thousands of deaths in the U.S.
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