Solid sales of the 777 freighter are serving as a bridge for the production transition from the 777 to the 777X and adding schedule flexibility, he added. Continuing trade tensions between the US and China could damage future sales of widebody aircraft, according to Boeing CEO Dennis Muilenburg. Airlines in China are expected to require roughly 7,700 jets within the next two decades but, with Chinese retaliatory tariffs set to increase from 15-25% to 30% in December , Muilenburg predicts losing out on sales of the company's 767, 777 and 787 planes. The Trump administration has imposed a 10% tariff on steel imports from Canada, Mexico and other countries, which will add about $50 billion to costs for American steelmakers, but it is unclear how much impact that would
Continuing trade tensions between the US and China could damage future sales of widebody aircraft, according to Boeing CEO Dennis Muilenburg. Airlines in China are expected to require roughly 7,700 jets within the next two decades but, with Chinese retaliatory tariffs set to increase from 15-25% to 30% in December , Muilenburg predicts losing out on sales of the company's 767, 777 and 787 planes. The Trump administration has imposed a 10% tariff on steel imports from Canada, Mexico and other countries, which will add about $50 billion to costs for American steelmakers, but it is unclear how much impact that would