The orders, if finalized, would mark Boeing's first major Chinese deal in nearly a decade, after the US planemaker was largely shut out of the world's second-largest aviation market amid trade tensions between Beijing and Washington.

Traders also think it is likely that the president will talk about Iran, despite his comments that the U.S. doesn't need China's help in resolving the war.

Beijing hasn't ordered planes from Boeing since 2017. That could soon change.

President Donald Trump announced China's commitment to purchase 200 Boeing aircraft. This significant order followed discussions with Chinese President Xi Jinping in Beijing. The…