Beijing and Washington at odds over range of trade and national-security considerations
Beijing and Washington are discussing a trade deal that could include fresh orders totaling hundreds of Boeing BA 0.37%increase; green up pointing triangle jets, people familiar with the matter said.
The purchase is envisioned as a component of a more expansive trade deal if the world’s two largest economies can reach an agreement in the next few months, they said.
The purchase discussions were earlier reported by Bloomberg News, which said China could buy as many as 500 jets from the American plane maker.
U.S. passenger-jet orders are becoming a favored concession for countries looking to improve tariff terms from American authorities. Qatar’s state-owned airline in May agreed to buy up to 210 wide-body 787 and 777X jets from Boeing as part of a broader bilateral agreement. Announced trade deals with the U.K., Japan and Indonesia have also tacked on pledges to buy a certain number of the American airplanes.
Talks between the two superpowers are significantly more complex. The two sides are at odds over a range of trade and national-security considerations that cover everything from the supply of precious minerals to the delivery of artificial-intelligence chips.
Excerpt from WSJ
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