Trump’s EU travel ban could raise costs for healthcare, electronics and luxury goods — Panjiva
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Supply Chain Research

Trump’s EU travel ban could raise costs for healthcare, electronics and luxury goods

Cons. Discr. - Apparel 494 Cons. Discr. - Retailing 467 Coronavirus 511 European Union 826 Health Care 353 Industrials - Aero/Defense 196 Info Tech - Tech Hardware 796 Mode - Airfreight 181 U.S. 5317

The decision by the Trump administration to ban passenger travel from the EU and U.K. to the U.S. could cut the capacity available to carry freight in the holds of passenger jets. Panjiva’s analysis shows airfreight accounted for 16.8% of U.S. imports from the EU in 2019 after growth in those imports of 6.9% year over year. While dedicated freighters mitigate the potential damage, the loss of passenger jets could still require a shift to seaborne shipments or increased logistics costs as passenger jets are retasked for cargo flights, as Delta Airlines is reportedly doing. The largest use...

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