Global Markets React to Boeing Strike, US-China Trade Deal Progress, and Japan’s New Leadership
Key TakeawaysBoeing (BA) factory workers in St. Louis have rejected a new five-year contract, extending a three-month strike at the company’s crucial military manufacturing hub. The rejected offer included an average wage boost of 24% over five years, which the union deemed insufficient compared to agreements for other Boeing employees.The U.S. and China have reached a framework for a trade deal, with China expected to delay rare earth export controls and resume significant purchases of U.S. soybeans. This ...