Delta Air Lines, led by CEO Ed Bastian, has become one of the major corporations to raise alarms about the impacts of President Trump's escalating trade war on business and the economy. Despite a recent stock rally following the president’s temporary tariff pause, Bastian cautioned that uncertainty still looms, potentially leading to reduced corporate spending and a looming recession. With tariffs on China remaining in effect, Bastian expressed concern about the swift economic toll and the delicate nature of airline profitability amid these trade tensions.
Delta Air Lines has become one of the largest American companies to voice concerns over President Trump's trade war impact, warning of potential recession.
CEO Ed Bastian noted that ongoing uncertainty could lead to reduced spending by businesses and individuals, which ultimately affects air travel.
Despite the stock rally following Trump’s tariff reversal, Bastian highlighted that the uncertainty remains, particularly with tariffs on China still in place.
Airlines are especially vulnerable to economic shifts, as travel spending is often among the first cuts during financial uncertainty.
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