The wording of the agreement requires China to import at least $32.9 billion more in US manufactured goods than in 2017, after which trade was all but frozen.
"We'll get it done, and we'll get it done right", he wrote.
"Assuming that Malaysia Airlines will not replace these Boeing 737 MAX deliveries, other airlines particularly AirAsia [are] set to benefit by capturing the capacity".
"We will not be taking delivery of the scheduled aircraft this year as planned".More news: Microsoft’s Chromium-Based Edge Browser Is Now Available To Download For macOS
The "phase one" trade deal signed by the USA and China Wednesday is expected to unblock an informal halt to Chinese orders for Boeing jets that had begun to affect the manufacturer's long-term production plans, and it could lead to big orders in 2020 and 2021.
He added that Boeing would "continue to monitor and inform the U.S". It delivered more than one out of every four jetliners it made in 2018 to customers in China, where it forecasts demand for 7,700 new planes over the next 20 years, valued at $1.2 trillion.
Boeing recorded net orders for just 54 planes on 2019, the lowest number in at least two decades.
The last Chinese order for a Boeing jet was in November 2017.More news: Kansas man wants ‘trial by combat’ -- reminiscent of disgraced S.I. attorney
Boeing's epic trouncing underscored the depth of the Max crisis after global regulators halted commercial flights and deliveries of the model in March, following two crashes that killed 346 people. Such a deal could ease pressure on the 787 Dreamliner, which has suffered from a broad downturn in demand for large jets, forcing Boeing to trim production late previous year.
David Calhoun this week took over as chief executive of the struggling manufacturing giant as it battles to revive its fortunes.
Last year, Boeing shipped only 127 of its single-aisle 737 planes, lagging behind Airbus' narrow-body total of 690 jets. Ryanair has up to 210 of the planes on order, but none in service.
Boeing welcomed the trade agreement with China in a statement, and hinted at a possible order.More news: Larry Fitzgerald Re-Signs With Cardinals On One-Year Deal