The worst part about economic wars, such as today’s trade tariff wars, is the uncertainty of where the next headline might come from. During a week of tariff exemptions and negotiations between the United States and China, President Trump decided to start easing off the gas to move things forward, and that is when China decided to launch the latest round of bans and impacts for one of the transportation sector’s largest and most important names.
After launching the latest round of tariffs on China’s exports, Asia’s powerhouse decided to ban all deliveries coming out of Boeing Co. (NYSE: BA), an unexpected move that seems to aim at the stock that has managed to end its bearish spell over the past couple of quarters. However troublesome this may seem at first, there are plenty of reasons for investors to remain optimistic about this company moving forward.
