Boeing doesn't expect trade war with China to slow its recovery

Speaking on CNBC, Ortberg said that Boeing had three airliners in China ready for delivery but brought two of them back to Seattle so far because the Chinese airlines that ordered the planes “stopped taking delivery of aircraft due to the the tariff environment.” The company's business in China plummeted in 2019, when the country became the first to ground all Boeing 737 Max planes following a pair of fatal crashes that killed 346 people less than five months apart. Trump's pursuit of tariffs to counter what he describes as the unfair trade policies of other nations comes as Boeing looked to turn the page on a run of problems, including a panel blowing out of a 737 Max in flight and a labor strike that shut down production last year.