The Trump Administration’s move to impose tariffs on imports
from more than 90 nations began to take effect last week, sending a shock wave
through stock markets around the globe. It also sent a wave of uncertainty
through the corporate travel sector, according to respondents to a BTN flash
survey fielded April 3 to April 4, about how their companies would respond to
the market shake up in terms of expected business travel volume for 2025.
On April 5, the U.S. began imposing a blanket 10 percent
tariff on all goods imported to the country. Additional so-called “reciprocal tariffs” of
as much as 50 percent are scheduled to go into effect April 9 across 60 countries—a
34 percent tariff on Chinese goods, 49 percent on Cambodian…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
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