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Press Release: Azul Files 20-F Report for Fiscal Year 2024 in the U.S.
Azul SA | 20-F: Registration statement / Annual report / Transition report
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.
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The American Airlines industry collectively withdrew its performance guidance: Trump's tariffs have deterred a large number of tourists.
① The trade pressure policy of USA President Trump has led to a decline in the tourism industry, with the number of international tourists visiting the USA down about 5% compared to last year; ② Tariffs have also sparked concerns about domestic recession in the USA, leading to cuts in Consumer spending and a decline in domestic tourism demand; ③ Several Airlines have retracted their 2025 performance forecasts due to economic uncertainty and plan to reduce flights to protect profit margins and Cash / Money Market.
