Boeing faces increased challenges from Donald Trump's trade war as jets intended for a Chinese airline have returned to the US, emphasizing the company's exposure to tariffs. The aviation sector is significantly impacted by trade disputes, with severe tariffs making the business model less viable. While analysts predict a 20% sales rise for Boeing in Q1 2024, concerns about losses due to tariffs overshadow these gains. The company is already grappling with a crisis following safety issues that prompted a leadership change.
"The return of the Boeing jets underlines the vulnerability to tariffs of the US's biggest manufacturing exporter, exacerbating its challenges amid Trump's trade war."
"Boeing's share price fell by nearly 3% on Monday, reflecting heightened volatility in US stock markets as investors grapple with the implications of Trump's tariffs."
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