Yahoo Finance March 14, 2018
President Donald Trump used a visit to a Boeing Co. aircraft factory in St. Louis to tout the Republican tax overhaul and urge the company to give the government a “good price†for its fighter jets, lest he take his business elsewhere.
“Otherwise, we’re going to buy them from somebody else†in the U.S., Trump told Boeing Chief Executive Officer Dennis Muilenburg during a roundtable event on Wednesday.
Boeing has been a major beneficiary of the corporate tax cuts Trump championed and stands to gain from the defense buildup he supports.
The company reported a $1.05 billion boost to its fourth-quarter profits alone from the new tax law. The Chicago-based planemaker expects to be taxed at about a 16 percent rate going forward, lowering its tax bill just as its marquee 787 Dreamliner generates significant cash profit after a decade of losses.
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https://finance.yahoo.com/news/trump-tells-boeing-wants-good-215759451.html
