Trump Bought Boeing Stock, Then Announced New Order for 200 Planes

"According to an OGE Form 278-T financial statement, Trump made 3,642 stock trades during the first quarter. That alone would make many day traders dizzy. More revealing, though, was the size of those transactions. One of those $1 million-to-$5 million purchases was Boeing stock. Another was GE Aerospace ( ), which is notable because GE supplies engines for Boeing aircraft."

"Trump announced during his China trip that Beijing would purchase 200 Boeing planes, with the possibility of expanding the agreement to as many as 750 aircraft over time. It marks the first major sale to China in nearly a decade. Let's put the scale of that into perspective. A Boeing 737 MAX typically uses two engines. Wide-body aircraft also generally require two engines."

"That means a 200-plane order could translate into roughly 400 to 450 engines for GE Aerospace, depending on the final mix of aircraft. Regardless of how you look at it, that is a massive manufacturing pipeline. Trump's visit to China included meetings with Chinese President Xi Jinping and a delegation of major U.S. corporate leaders, including Boeing executives."

"China has been one of Boeing's most important long-term growth markets. Before trade dis..."

Investors have focused on interest rates, tariffs, and signs of economic slowdown, while a separate trend has reemerged: governments using industrial deals to strengthen economic ties. When political and commercial goals align, demand for certain companies can accelerate rapidly. Financial disclosures indicate President Donald Trump made thousands of stock trades in the first quarter, including purchases of Boeing and GE Aerospace. The Boeing and GE link is tied to GE supplying engines for Boeing aircraft. During a China trip, Trump announced Beijing would buy 200 Boeing planes, with potential expansion to as many as 750 aircraft, described as the first major sale to China in nearly a decade. The order size implies a large engine and manufacturing pipeline for GE Aerospace.

Read at 24/7 Wall St.