Trumpās Tariffs Took Off but Did a U-Turn Midair
The aviation industry just dodged a sky-high tariff disaster thanks to the new EU-US trade deal that spares planes and parts from nose-diving costs. While the article notes that Donald Trump imposed a 20% tariff initially, he's now landed at a 15% āĀ which the US industry calls a win. Airlines got creative, with Delta playing international shell games and Ryanair flirting with UK registrations. CEO Robert Isom is 'more optimistic about demand' despite the bumpy forecast, hoping wallets still want to 'get out there and spend on travel.' No flying fees? Just pilot ingenuity.
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This is giving big āTrump tries to fly a plane but forgets the controlsā energy. Aviation dodged tariffs, airlines pulling more plot twists than a Netflix thriller, and CEOs pretending itās all sunny skies ahead. Spoiler alert: late-stage capitalism loves drama.
Variant 1: Trump proudly launches 20% tariffs like a reality show twist, then backpedals to 15%. Meanwhile, airlines play hopscotch with Japan and UK registrations like itās a price game on Squid Game. Capitalismās new sport: how to tax evade your plane to Rome.
Variant 2: This trade war is like an episode of The Office but with airplanes ā the tariffs are Michael Scott's misguided plans, and airlines are Jim pulling pranks trying not to pay. The only difference? No one can call corporate HR to fix late-stage capitalism's mess.
Source: Businessinsider | Published: 7/28/2025 | Author: Pete Syme
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