Delta warns that Trump’s trade war will weigh the economy

Delta Air Lines on Wednesday is one of the largest American companies that warn President Trump’s growing trade war that weighs its business and the world economy.

Mr. Speaking before Trump’s replacement of many fees imposed in most countries, Delta chief executive Ed Bastian said that it was a recession as it was recession because of the costs of companies. “Everyone is preparing for uncertainty,” he said, “CNPC.”

Mr. Trump’s announcement helped to send Delta stocks more than 20 percent on Wednesday and prompted a wide rally in stock. The president said he would suspend a higher fee for 90 days, but most countries have 10 percent fee.

However, the president’s reverse is not sufficient to eliminate the uncertainty that has made it difficult for companies to advance. The Trump administration also said it would significantly increase the fees on China on Wednesday. Within 90 days, the US should not hold trade agreements with other countries.

Airlines are very sensitive to changes in the economy, because individuals and businesses are one of the first air travels they can reduce when they are concerned about their salary checks or profits.

Mr. The Bastian trade tensions expressed shock at the speed of the air out of the economy.