Performative or pragmatic? Why Boeing planes feature so much in Trump trade deals

Core Viewpoint - The article discusses how Boeing has become a central figure in U.S. trade deals under President Trump, with countries often announcing large orders for Boeing aircraft as part of their agreements, highlighting the symbolic and economic significance of these transactions. Group 1: Trade Deals and Boeing Orders - Countries that strike trade deals with the U.S. frequently announce substantial orders for Boeing jets, exemplified by South Korean President Lee Jae Myung's visit where Korean Air ordered 103 Boeing aircraft valued at $36.2 billion [2] - Japan placed an order for 100 Boeing jets, while the UK ordered $10 billion worth of Boeing aircraft as part of its trade deal with the U.S. [3] - Smaller economies like Malaysia, Indonesia, and Cambodia have also included Boeing purchases in their trade agreements [3] Group 2: Reasons for Boeing's Prominence - Boeing's visibility and high value make it an attractive item in trade agreements, serving as a "high profile" statement for the president [4] - High-value aircraft deals allow countries to show commitment to reducing trade surpluses with the U.S., which is a key reason for tariffs imposed by Trump [5] - Aircraft imports are politically less contentious for most U.S. trading partners compared to commodities like steel or agricultural products [6] Group 3: Economic Context and Industry Dynamics - Boeing's production backlog is 11.5 years, allowing airlines to announce purchases without immediate financial strain [8] - The international tourism industry is growing, making U.S.-made passenger aircraft a necessary inclusion in trade deals [9] - Global airline net profits are projected to reach $36 billion in 2025, indicating a healthy market for aircraft [10] Group 4: Boeing's Challenges and Improvements - Despite safety scandals and production quality concerns, Boeing has made improvements that have increased confidence among airline executives [11] - The company remains a significant player in the duopoly of the aircraft manufacturing industry alongside Airbus, limiting options for buyers [10]