The hit to Boeing orders is part of a larger pullback in US exports to China that has weighed on U.S. manufacturing amid a global economic slowdown. Boeing has reduced its output targets for the 787 jet from 14 per month to 12 in late 2020 after receiving fewer orders than predicted from China, which the company claims is a result of the country's trade war with the US. The US Commerce Department said on Tuesday that it had imposed preliminary duties worth $US1.07 billion ($1.03 billion) against Chinese products including aircraft and components as part of an investigation into whether Beijing This week, the plane manufacturer also reported a 50.6% drop in Q3 2019 profits to $1.2bn.
Boeing has reduced its output targets for the 787 jet from 14 per month to 12 in late 2020 after receiving fewer orders than predicted from China, which the company claims is a result of the country's trade war with the US. The US Commerce Department said on Tuesday that it had imposed preliminary duties worth $US1.07 billion ($1.03 billion) against Chinese products including aircraft and components as part of an investigation into whether Beijing This week, the plane manufacturer also reported a 50.6% drop in Q3 2019 profits to $1.2bn.