Boeing (BA) appears to be reaping rewards from the trade war begun by President Donald Trump, with the company receiving a steady stream of new orders related to trade deals between the U.S. and other countries, Niraj Chokshi of The New York Times reports. Not only will these sales potentially serve as a boon for Boeing but will also allow Trump to claim his trade policies help American companies.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BA:
- “That One Hole…Gets Everything Started”: Boeing Stock (NYSE:BA) Slips as 777X Production Begins
- FAA to examine Boeing supply chain before clearing 737 output hike, Reuters says
- HON Earnings: Honeywell Stock (HON) Sours as Automation Slump Overshadows Earnings Beat
- Boeing upgraded to Outperform from Neutral at KGI Securities
- Boeing Stock (NYSE:BA) Jumps With Another Trade Deal Sale