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On 8 March 2018, the liberal Facebook page The Other 98% posted a meme reporting that 100,000 jobs at aerospace and airplane manufacturing giant Boeing will be lost — because President Donald Trump has reneged on the 2015 Joint Comprehensive Plan of Action, better known as the Iran nuclear deal: The meme was posted the same day that President Trump announced his plans to back the United States out of a deal with Iran, which was struck by the administration of his predecessor Barack Obama in 2015, alongside the United Kingdom, France, China, Russia and Germany. The announcement prompted reports of economic fallout, which included the loss of $20 billion-worth in contracts for Boeing to sell 110 passenger jets to Iranian airlines, including 80 aircraft slated for IranAir. The claim that 100,000 American manufacturing jobs would be lost likely came from a Marketwatch report, which states: Dan Curran, a spokesman for Boeing, told us in a statement that the company expects the effect on jobs from the policy reversal to be minimal, if there's any at all: At an event in Washington, D.C., Boeing CEO Dennis Muilenburg said the company had planned for the possibility that the U.S. could back out of the agreement by not committing production slots for planes slated for Iran. It's too early to know how blowback from the policy reversal will impact Boeing and the economy as a whole, as financial publication TheStreet.com points out: French aircraft dealer Airbus will also lose roughly $20 billion in business as a result of Trump's decision, because although the company is based in Europe, parts used to manufacture the planes are made in the United States. Among other large companies that stand to lose as a result of the decision are General Electric, Volkswagen, and Total, as CNN Money reports:
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