US Nears $50 Billion Boeing Jet Deal with China Amid Trade Talks

The United States is nearing a significant deal to sell as many as 500 Boeing jets to China, a transaction that could serve as a cornerstone for a broader trade agreement between the two countries. U.S. Ambassador to China David Perdue described the negotiations as being in their final stages, marking a potential end to a sales freeze that has lasted since 2017. The proposed deal reflects renewed diplomatic engagement between the U.S. and China, including recent talks involving President Trump and President Xi Jinping. Boeing aims to reestablish its market presence in China, where sales have been stalled, despite the company's current financial challenges such as high leverage and negative earnings. Lawmakers and officials have emphasized the importance of finalizing this agreement, which could also influence tariff relief discussions. Analyst sentiment on Boeing remains cautiously optimistic, viewing the potential deal as a positive development amid geopolitical and regulatory risks.