Transportation

Boeing Falls After Trump Unveils Smaller China Aircraft Order

Boeing Co. 737 Max airplanes at the company's manufacturing facility in Renton, Washington.

Photographer: M. Scott Brauer/Bloomberg

China agreed to buy 200 Boeing Co. planes, President Donald Trump said, in a multibillion-dollar deal that would mark the nation’s first purchase of US-made commercial jets in nearly a decade.

But Trump’s announcement, in an interview with Fox News Channel’s “Hannity” on Thursday, fell short of the 500 737 Max and widebody aircraft Chinese airlines were expected to buy at the upper extreme of a landmark deal.