A filing with the Office of Government Ethics showed that President Donald Trump has spent at least $220 million in stock and bond purchases during the first quarter. The disclosure also revealed that the U.S. President bought shares of aircraft maker Boeing Company (BA), with the purchase amount in the $1 million-$5 million range (this type of disclosure form typically allows government officials to disclose a range rather than a particular figure).
This disclosure came in the week the President visited China. After the visit, China’s Commerce Ministry announced that the nation would purchase 200 Boeing aircraft and work with the U.S. to reduce tariffs. The Boeing deal was one of the most significant outcomes of the visit.
