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The Trump administration is grounding Boeing's 737 MAX 8 airliners, in a reversal that comes after dozens of other countries and foreign-owned airlines sidelined the jet following two fatal crashes in Indonesia and Ethiopia.

The action represents a rare case in which other countries - including allies such as Canada, Great Britain, France, Germany and the European Union - refused to follow the lead of the FAA in dealing with the safety of a U.S.-made aircraft. Even more strikingly, the U.S. bowed to the pressure.

The groundings will affect domestic airlines such as Southwest and American, which include the 737 MAX as a significant part of their fleets.

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