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Express News | House Republicans Propose $15 Billion in New Funding for Air Traffic Control Reform, New $200 Fee on Electric Vehicles
JetBlue Is the Latest Carrier to Pull Guidance. Airline Stocks Face More Turbulence. -- Barrons.com
Royal Caribbean Stock Cruises Higher After Earnings. How It Just Surprised on Guidance. -- Barrons.com
The "MAGA" camp will face a painful blow from tariffs: Truck Transportation and Retail Trade may see large-scale layoffs.
① USA Truck drivers have shown support for Trump in polls and past activities, thus being regarded as the backbone of the MAGA camp; ② however, according to predictions by Apollo Global Management, tariffs will lead to massive layoffs in the Transportation and retail Industry; ③ Apollo also warned that the economic slowdown triggered by tariffs could ultimately turn into stagflation.
The American Airlines industry is lobbying the White House for an exemption: we really cannot bear the cost of tariffs anymore!
① The American Airlines Industry is currently facing a dual blow of declining travel demand and rising costs due to Trump's tariff policy, and the industry is lobbying the White House to exempt tariffs; ② Officials from the American Airlines Industry held meetings with senior government members to request the restoration of the exempt tariff system under the Civil Aircraft Agreement.
American Airlines, JetBlue End Talks to Revive Tie-up Pact