Help us end the fiscal year strong. Donate by June 30. Give Now

Trump’s travel ban draws Tehran’s ire and adds tension to Boeing deal

Scott Tong Jan 30, 2017
HTML EMBED:
COPY

Trump’s travel ban draws Tehran’s ire and adds tension to Boeing deal

Scott Tong Jan 30, 2017
HTML EMBED:
COPY

Some of the early pushback against President Donald Trump’s travel restrictions came from one of the seven targeted countries: Iran. Tehran’s foreign minister tweeted his country “will take reciprocal measures.”

In the middle of all these tensions are multinational companies, in this case Boeing. The company has a multibillion-dollar deal to send 80 planes to Iran and is racing against Europe’s Airbus to get into the lucrative market there.

That Boeing deal always balanced delicately on the back of a Iran nuclear deal struck by President Barack Obama. And if anything, this travel dust-up creates another level of political risk.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.