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Boeing is poised for worst month in two years

Written by on March 24, 2018

Boeing Co. is heading for its biggest monthly decline in two years as U.S.-China tensions over tariffs threaten a wider trade war that would stifle demand for its airliners. President Donald Trump’s plan for sweeping duties against China heightens uncertainty for Boeing, which is poised to generate a torrent of cash from a record commercial backlog. The Chicago-based planemaker would suffer if a trade war spills over into the global economy and hurts air-travel growth. Bloomberg

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