Boeing Wants ExIm But Trade Deal Exposure Matters More — Panjiva
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Boeing Wants ExIm But Trade Deal Exposure Matters More

Industrials - Aero/Defense 203 Japan 628 South Korea 605 Trade Deals 1017 U.S. 5398

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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