波音当前所处的困境为特朗普政府入股这家公司提供了充分的谈判筹码。美国联邦航空管理局对波音737 Max飞机的生产数量设定了上限，并决定其在实施检查方面的自主权。此外，波音大约三分之一的营收 来自其防务、空间与安全部门，而该部门依赖于美国政府合同。 如果白宫希望在入股波音上获得回报以证明其投资的合理性，那么现在是一个采取行动的颇具吸引力的 时机。根据2025年11月底的Visible Alpha数据，华尔街分析师对波音未来12个月的目标股价预测显示，该 股股价将有38%的上涨空间。如果这一预测实现，该公司的市值将增加超500亿美元。更有利的是，在一 轮大规模投资之后，该公司有望恢复产生现金流，并可能支付股息。 智通财经APP获悉，今年以来，特朗普政府已达成一系列交易，入股对国家安全和供应链至关重要的公 司，包括芯片制造商英特尔(INTC.US)和稀土企业MP Materials(MP.US)。特朗普政府这一"收购战略行业 股权"的计划预计将在2026年继续推行，下一个目标很可能是飞机制造商波音(BA.US)。 特朗普政府收购英特尔9.9%的股份，彰显了这家美国最接近尖端半导体制造商的企业的重要性。由于落 后于竞 ...

Core Viewpoint - China has requested domestic airlines to stop accepting Boeing aircraft and suspend purchases of related equipment and parts as a countermeasure against U.S. tariffs, significantly impacting Boeing's market position in China [1][3]. Group 1: Impact on Boeing - Boeing's stock has dropped over 10% since the beginning of the year, with a 2.4% decline following the news of China's actions [1]. - The cost of U.S.-made aircraft and parts is expected to double due to tariffs, making them uncompetitive in the Chinese market [1]. - The price of a Boeing 737 Max, originally $120 million, could rise to $270 million after tariffs, far exceeding the cost of Airbus A320 series aircraft [1]. Group 2: Market Dynamics - In 2018, China accounted for 25% of Boeing's global deliveries, but this figure is now approaching zero due to the new tariffs [1]. - Chinese airlines have historically been significant customers for Boeing, with a total of approximately 616 Boeing aircraft in operation by major Chinese airlines as of the end of 2023 [3]. Group 3: Strategic Responses - Boeing's CEO has indicated that the company may not continue manufacturing aircraft for Chinese airlines if they return the planes, highlighting the strained relationship [3]. - Analysts suggest that the refusal to accept Boeing aircraft is a reasonable response to the high tariffs imposed by the U.S., which have made purchasing Boeing planes financially unfeasible for Chinese airlines [5]. Group 4: Broader Implications - The ongoing tariff war is seen as a significant factor in the decline of Boeing's market share in China, with potential long-term consequences for the company's revenue [5][7]. - Some analysts underestimate the impact of Boeing's potential supply halt on China, failing to recognize that China has already been reducing its Boeing aircraft purchases [7].

Group 1 - The trade war initiated by Trump is causing significant economic pressure on American companies, particularly Boeing, which has already faced the return of a Boeing 737 Max aircraft by a Chinese airline, indicating potential further losses in the Chinese market [1][3] - The market price of a new Boeing 737 Max is approximately $55 million, and the more aircraft returned, the greater the economic strain on Boeing, which is already struggling due to previous safety incidents and strikes [1][3] - Boeing is not only a commercial aircraft manufacturer but also a key player in the U.S. military-industrial complex, with its involvement in the design and production of the so-called "sixth-generation fighter" announced by Trump [3] Group 2 - The U.S. stock market is experiencing significant declines, attributed to Trump's pressure on the Federal Reserve to lower interest rates, which has raised concerns about the future direction of the Fed [3][5] - Trump's unconventional approach, including the potential replacement of the Federal Reserve Chairman Jerome Powell, is seen as a drastic measure that could further destabilize the economy amid the ongoing trade conflict with China [5][7] - Powell has publicly stated his commitment to not resign and his reluctance to lower interest rates, indicating a potential clash between the Federal Reserve's independence and Trump's economic strategies [7]