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News to Know
As Market Settles, Corps. Largely Maintain Tentative Approach
(SOURCE: BUSINESS TRAVEL NEWS)
After a tumultuous March and April that featured a broad range of new U.S. tariffs, strains in international relations and softening U.S. domestic leisure and some inbound international travel, May brought a bit of relative tranquility, with postponements of some of the most consequential tariffs and a rebounding market. Still, though, many corporates remain hesitant with regard to business travel, eschewing both aggressive increases and deep cuts as they wait for more clarity about future economic conditions, according to observers.
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