President Donald Trump announced China is set to purchase 200 Boeing aircraft. The President indicated the deal could potentially expand to include up to 750 jets.
Beijing has not yet confirmed the reported order. Following President Trump's announcement of the 200-jet figure, Boeing shares experienced a 4% decline.
The announcement comes as President Trump emphasized 'fantastic trade deals' during his final meeting with Chinese leader Xi Jinping, amidst existing tariff disputes. This is a developing story and will be updated as details emerge.