Boeing (NYSE:BA) shares moved 1.2% higher in premarket trading on Thursday after comments from U.S. Treasury Secretary Scott Bessent suggested that major aircraft purchase announcements from China could be unveiled this week.
Speaking to CNBC, Bessent said he expects China to announce significant orders for Boeing aircraft during Donald Trump’s visit to Beijing.
Trade Discussions Expected to Include Energy and Agriculture
Bessent said upcoming discussions between the United States and China are also expected to cover purchases of energy products and agricultural goods, alongside potential Chinese investment in non-strategic and non-sensitive sectors of the U.S. economy.
The expected aircraft order announcement comes as the Trump administration works to improve trade ties with Beijing amid broader economic and geopolitical negotiations.
Boeing Seen as Key Beneficiary of U.S.-China Trade Relations
Boeing has historically benefited from trade agreements between Washington and Beijing, with Chinese airlines representing one of the company’s largest international markets for commercial aircraft sales.