Trump touts tax overhaul during Boeing plant visit

Business LeadersFOXBusiness

Trump to host business leader roundtable at Boeing plant

FOX Business’ Jeff Flock previews President Trump’s visit to a Boeing plant in St. Louis where he will host a roundtable with business leaders.

President Donald Trump traveled to St. Louis on Wednesday to visit a Boeing plant, where he touted the economic benefits of the tax overhaul he signed into law.

Continue Reading Below

“Six months ago, I promised that we would cut taxes to bring Main Street roaring all the way back, and we did,” Trump said. “We helped Wall Street, we helped Main Street, we helped everybody."

Boeing CEO Dennis Muilenburg cited the $300 million investment his company pledged to make as a result of the Tax Cuts and Jobs Act. Of that, $100 million is to be invested back into Boeing’s workforce.

“We're going to continue to put tax reform to work,” Muilenburg promised on Wednesday.

Trump's visit comes amid push back from the CEO community on the president's plan to impose 25% tariffs on steel and 10% aluminum. The world's biggest aerospace company is one of the largest consumers of metal.

Shares of Boeing closed 2.5% lower on Wednesday.

TickerSecurityLastChange%Chg
BABOEING COMPANY356.26-3.09-0.86%

Below is a live blog that FOX Business compiled during Trump’s roundtable meeting with Boeing employees.

What do you think?

Click the button below to comment on this article.