President Donald Trump‘s visit to China this week is expected to be significant as both sides seek to repair their relationship. Wall Street investors will be closely monitoring the trip, given the potential for major deals.
Trump has always loved big deals. During his last Middle East trip, he claimed to have signed deals worth $4 trillion. Some of the most notable ones were a $600 billion deal with Saudi Arabia and a $96 billion agreement with Qatar for up to 210 aircraft. The UAE also made aircraft and semiconductor orders.
US stocks like Boeing (NYSE:BA), NVIDIA (NASDAQ:NVDA), and GE Aerospace (NYSE:GE) may therefore become the top beneficiaries of this trip.
Boeing Stock Could Benefit if China Makes a Big Order
Boeing, a top American exporter, stands to benefit if Chinese airlines place large orders in this trip.Trump has already invited CEO Kelly Ortberg to join the trip to Beijing.
Rumors are that Chinese airlines are prepared to make an order …
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