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Global Airlines Issue Warning Over Mounting Trade Tensions


(Tim Hepher & Victoria Bryan – Reuters)

Growing tension over international trade could damage the airline industry and the world economy, global airlines and aviation executives warned on Sunday.

The U.S. government has renewed tariff threats against China and imposed duties on steel and aluminum on U.S. allies Canada, Mexico and the European Union.

“Any measures that reduce trade and probably consequently limit passenger travel are bad news,” Alexandre de Juniac, director general of the International Air Transport Association, told Reuters at IATA’s annual meeting in Sydney. The group represents most of the world’s main airlines. Click here to read more.

Related:

Trade War: How Much the Global Economy Could Be Hurt (Fox Business)

Five Things to Tell Us Whether Trump’s Trade War Will Seriously Damage the World Economy (The Independent)