Qatar, Boeing and Trump
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The White House announced that President Donald Trump secured economic exchanges with Qatar worth $1.2 trillion, a figure which includes a historic order for Boeing airliners.
Boeing and GE Aerospace received a $96 billion order from Qatar Airways as President Trump looks to boost investments in defense and aircraft in the Middle East after reaching artificial intelligence and tech agreements on Tuesday.
Qatar Airways places record-breaking order for 210 Boeing jets, boosting U.S. jobs and expanding its global fleet of fuel-efficient widebody aircraft.
Boeing secured major orders in the Middle East during a visit to the region by President Trump, and China lifted a ban on its airlines taking deliveries of Boeing planes.
Qatar Airways committed to acquiring as many as 210 widebody jets in a deal projected to be worth $96 billion, supporting over 150,000 jobs.
A $96 billion deal with Qatar Airways comes as Boeing struggles to deliver its Air Force One replacement and Trump seems poised to accept a Boeing jet from the Qatari royal family.