Delta Air Lines Lowers Profit Outlook on Weaker Demand
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.
It Is Happening Every Day, Every Where
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.
Premier Doug Ford warned that he was prepared to cut off power exports to the three states entirely as long as President Trump’s tariff threats remain.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.
Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.
Goods trading under the rules of the North American trade pact, or the vast majority of products, would be exempt from tariffs, the president said. The levies have caused stock markets to sink.
President Trump’s stiff tariffs on Mexico and Canada could push those allies into recession. The impact for America could be messy.
The S&P 500 jumped about 1.2 percent on Wednesday, after two days of declines. Shares of automakers rallied.
Trump’s commerce secretary suggested a compromise might be reached to reduce the 25 percent tariff, following a day of turmoil in the stock markets.
For many reluctant Trump voters, there was a mixture of confidence, anxiety, hope and frustration — along with some anger directed at Congressional Democrats.
A top administration official said that, without new declines, tariffs on Canada and Mexico were appropriate. But the kind of real-time data he demanded doesn’t exist.