White House, Xi and Trump
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Boeing has been caught in the crosshairs of U.S.-China tensions and increasingly been treated as a bargaining chip in the long-running negotiations.
Boeing has appointed former White House advisor Landon Loomis as the new President of Boeing China amid heightened trade wars between the US and China. Loomis, a Mandarin speaker, previously worked in Beijing,
Boeing ( NYSE: BA) appointed Landon Loomis as its new president for China, selecting a fluent Mandarin speaker with both aviation and government experience to help navigate a turbulent period in U.S.-China trade relations.
Why the competition is here to stay.
The White House is considering banning exports to China of all items that were made with or contain U.S.-made software in response to China’s announcement of rare earth export controls. According to Reuters,
Beijing’s new export controls on rare earths go well beyond restricting access to a critical technology input, according to a former White House advisor. On Thursday, China’s commerce ministry said that starting on Dec.
(Oct 23): The Trump administration is weighing export restrictions against China that would bar the purchase of a wide swath of critical software, a White House official said Wednesday.
White House Press Secretary Karoline Leavitt said Saturday that she is "100 percent confident" that a deal has been reached between the United States and China would guarantee US control over TikTok 's key algorithm.