Boeing CEO Praises Trump: Investing in China Will Increase U.S. Employment Opportunities

【World Wide Web Reporter Zhang Zhiying】 US President Trump has been exerting pressure on local companies and advocating the return of manufacturing industries since they took office, causing some companies to feel pressure. A few days ago he wanted to implement the "prohibition of the Muslim Order," and even more triggered Google, Apple, Microsoft, Tesla and other companies to submit their lawsuits to express their opposition. However, Dennis Muilenburg, president and CEO of Boeing, praised the new president at the Washington DC conference on the 2nd, “having great curiosity about the aviation field and knowing the industry very well.” In addition, Mullenbo Georgia also revealed some of his discussions with Trump about the status of the industry.

Trump focused on the return of U.S. manufacturing. Current reforms include: tax reforms, regulatory reforms, trade policies, and the desire to promote commercial growth and economic growth. Mierenberg said: “I think it is a good opportunity to talk to a president who is willing to listen and understand the industry. We are very excited and can show the value of the aviation industry in terms of economic initiative. It is a rare opportunity. ”

Greg Smith, Boeing’s chief financial officer, previously stated that Boeing’s current business jet business is not competitive in the existing US tax system. However, if the Trump administration can implement tax reforms, then Boeing may get a lot of room for development from the new tax system, and the overall US economy will benefit from this. This means that there will be more job opportunities in the United States and we can also invest more. Boeing will gain a great advantage both in industry and products. Once Trump's tax reforms bring room for Boeing, at least the company's operations in the United States may be greatly improved.

Mierenberger mentioned Trump's idea of ​​"Air Force One." He said: "We are very pleased with President Trump's understanding of the new 'Air Force One'. He knows that we have made some improvements in this model. Our aircraft is better, faster, and cheaper.

Mihlenberg’s dialogue with Trump also involved investment in Chinese manufacturers. Boeing has established the 737 Aircraft Completion Center in China. It will pick up the production line from the United States in the future, assemble seats for them, and color paint Chinese customers to increase added value. Mierenberg said: “We like to think about this kind of smart globalization. Globalization does not remove work from the United States, but instead makes smart and correct investments, so we can increase job opportunities globally.”

Mierenberg believes that with the support of trade policies, relations with China can create a win-win situation. “This is good for us. If we look at the next 20 years, what will be the future commercial aircraft market? We believe that the world will need 39,000 new commercial aircraft, of which 6800 will be in China. It is an important market in the future. Our development and support of its aviation industry in China will also allow us to increase employment opportunities in the United States. This is one of the reasons for our increase in the 737 production line,” he said.

Trump had previously accused the Boeing company of an excessively high asking price for the Air Force One and created too few job opportunities for the United States. The stock price was once turbulent, but after the Boeing quickly adjusted its attitude toward the Trump team, the company’s stock was picking up. And go higher in the nearest road. Boeing executives once again voiced their support for Trump’s tax reform policy.

In February, Boeing’s largest ever passenger aircraft, the 787-10, rolled off the South Carolina plant. Boeing believes that point-to-point, networked routes will be the next big trend. Compared to super-large aircraft, medium-sized, long-range wide-body aircraft is the major demand for the future market. At the time, Trump took part in the off-line ceremony and delivered a speech. He also went to the cockpit to take the test in person. Under the policy of the Trump administration to promote the return of manufacturing, Boeing is expected to catch this class of trains and revive its slightly euphemistic local business.

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