Boeing is reported to be making 1,500 redundancies in Seattle. At the same time CEO Dennis Muilenburg has called for reauthorization of the ExIm bank to allow financing of $30 billion of deals. Panjiva data shows these would be equivalent to 3.5 months of total U.S. aerospace exports. Those experienced an 11% expansion in December than a year earlier to reach the highest since at least 2009. The bigger issue is that aerospace is a likely point of leverage for countries which President Trump wants to sign new trade deals with. Exports to South Korea jumped 17% in 2016 vs. 2015 and those t...
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