{"id":220184,"date":"2025-05-03T04:15:18","date_gmt":"2025-05-03T04:15:18","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/european-holidaymakers-set-for-tariff-price-hike\/"},"modified":"2025-05-03T04:15:18","modified_gmt":"2025-05-03T04:15:18","slug":"european-holidaymakers-set-for-tariff-price-hike","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=220184","title":{"rendered":"European holidaymakers set for tariff price hike"},"content":{"rendered":"


\n<\/p>\n

\n

Package holiday prices for summer 2025 were already forecast to be up 4.2% (\u00a350pp), on average, compared with last year, back in January according to Which. But President Trump\u2019s tariffs, on pause for now, are more than likely to come into force just in time to put the price of your summer holiday up.<\/p>\n

That is because they are going to hike the costs for nearly every firm involved in flying passengers to their get aways. Aviation is far too much of a global business, reliant on intricate supply chains that criss cross borders for the impacts on margins not to be felt.<\/p>\n

Consider the Boeing 787. Parts like wings, fuselage sections, and engines are sourced from countries such as Japan, Italy, the UK, and others. Any tariffs will just force the cost of this jet up. The same will be true of the Airbus A320 and Boeing 737, the workhorses of leisure travel, especially given by the proposed 25 per cent tariff on aluminium and steel as both materials are used in the manufacture of planes.\u00a0<\/p>\n