Take-off for travel stocks despite tariffs

A cost-of-living crisis has not deterred holidaymakers. According to an ABTA survey, over half of people intend to take an overseas holiday this year. There are concerns, however, that US President Donald Trump’s trade measures could hit the travel industry. The worry is that a global recession could impact the sector, but could there be opportunities for investors amid the uncertainty? If Trump’s tariffs stick, airline groups including easyJet and IAG are likely to be hit, if consumer spending and the appetite for travel turns sour. However, it can be argued that the biggest hit to them wouldn’t...