President Donald Trump on Thursday said Boeing (BA) should "default China" after the aerospace giant confirmed that customers in China had returned several of its aircraft orders in retaliation for new U.

President Donald Trump may not be engaging in formal talks with China to negotiate tariffs, but he was lobbing threats against the rival economic giant on social media. China's foreign ministry denied any suggestion it was involved in active negotiations with the Trump administration over tariffs,

Boeing will feel the impacts of hefty tariffs, but the company’s strong first quarter has set it up to for continued recovery, executives said Wednesday.