Delta is one of the largest U.S. companies to warn that the escalating trade war is weighing on its business and the global economy. Delta Air Lines on Wednesday became one of the largest American companies to warn that President Trump’s escalating trade war was weighing on its business and the global economy.

Delta has pulled its 2025 guidance as the trade war scrambles expectations and said it will reduce capacity given economic conditions

Delta Air Lines shares jumped Wednesday morning after the carrier's fiscal first-quarter results came in better than analysts had expected.