Boeing's business has been beset by issues and disrupted by Trump's trade war with China, which stopped accepting plane deliveries in response to U.S. tariffs.

The Qatar-Boeing deal is the latest in a series of high-profile aviation agreements signed during Trump’s four-day Middle East visit. Just a day earlier, Saudi Arabia’s sovereign wealth fund inked a $4.8 billion agreement with Boeing, and U.S. Commerce Secretary Howard Lutnick announced a $10 billion order from a British airline.

Qatar Airways CEO Badr Mohammed Al-Meer has described the decision to select Boeing over Airbus as “a very, very, very, close call.”

The 787 Dreamliner built in South Carolina is among 210 jets Qatar Airways will buy as part of a $96 million deal; critics blast 'gift' to Trump

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The order will support 154,000 U.S. jobs annually, the White House said.

Aboard Air Force One, Trump lamented to Fox News host Sean Hannity of the U.S. government plane's comparative old age of 40 years and lackluster appearance next to Qatar's, Saudi Arabia's and the United Arab Emirates' "brand new Boeing 747s."

As markets cheer Qatar’s massive $200 billion jet deal with Boeing Co. (NYSE:BA), economist Peter Schiff has a warning that has little to do with planes, and a lot more to do with America’s structural vulnerabilities.