Afternoon Coffee: New U.S.-China Trade Deal May Be Close; Boeing Scales Back 737 Max Production

President Donald Trump has revealed that the U.S. and China are close to agreeing to a new trade deal, with the current aim being to sign off in the next four weeks.

However, there are still major issues regarding whether to lift tariffs on Chinese imports, protection of U.S. intellectual property, and pact provision enforcement. If a deal can be struck, it would be a huge boost for the global economy which has been in uncertainty for some time. It would also surely mark the removal of Chinese tariffs on U.S. goods, something that has been hurting American businesses, especially agriculturally.

It remains to be seen whether a deal can actually be reached in spite of these disputes.

Boeing scales back on 737 MAX production in the midst of crashes

Boeing has announced that it will trim their monthly output of 737 MAX aircraft by 10 jets. This will cut the production numbers down to 42 by mid-April, despite previous aims to scale up to 57. This is the latest reaction from Boeing to the two recent crashes of their best-selling jetliner.

The crashes have raised questions over the speed of production and safety checks. New planes now await a software fix to prevent the flight-control issue seen in both crashes. A return to delivery and flights could still be months away.

CVS Pharmacy expands same-day prescription delivery

CVS Pharmacy announced on Thursday that it has expanded same-day delivery prescription services to 6,000 locations. The service will cost $7.99, with delivery usually coming within one hour.

They began piloting this service back in 2017 and have been delivering prescriptions across the country for around a year. The delivery itself is provided by Shipt, which is owned by Target.

One-to-two-day delivery is also available for $4.99.

Never miss out on Spend Matters news — sign up for our newsletter!

Share on Procurious

Discuss this:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.