News  Sources

US tourism sector to lose $64 billion due to Trump administration's trade wars: Report - The Times of India

A report by Tourism Economics estimates that the US tourism sector could lose approximately $64 billion in 2025 due to reduced international and domestic travel. The report forecasts a 5.1% drop in foreign arrivals to the United States in 2025 compared to the previous year. Visitor expenditure is also expected to decline by 10.9% which totals to an estimated $18B loss in 2025 alone. Recent policy decisions by US President Donald Trump, including tariffs and stricter immigration policies, are cited as contributing factors to the decline.

Original article source: https://timesofindia.indiatimes.com/world/us/us-tourism-sector-to-lose-64-billion-due-to-trump-administrations-trade-wars-report/articleshow/119362551.cms
Source Id: 8602268815

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox