EU pledges 'proportionate' response to new Trump tariffs
Supply chains are bracing for the impact of US trade tariffs, which could be introduced ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
It looks fairly tepid on the face of it, but perhaps this is simply a first step. The European parliament has passed a resolution calling for “a level playing field between airlines”, presumably in response to the threat from Gulf carriers. It doesn’t appear to go much further than that, however. Which is a fairly easy decision to make. The motion is intended to boost the Future Aviation Package due to be issued by the EC. The parliament expressed concern at the loss of competitiveness with “subsidised third-country carriers and airports”, called for a definition of what is fair and a legal consequence for violation and asked for comprehensive aviation agreements with main trading partners.
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