US travel sector may lose billions as Trump’s tariff policies...

Dununu.com Dununu

Sponsorizzato

US travel sector may lose billions as Trump’s tariff policies hit tourism

RSS Feed Business

Posted

114

The US travel sector is bracing for a significant slowdown in 2025, potentially costing the economy tens of billions of dollars. Declining international tourism, fueled by Donald Trump's tariff policies and eroding global sentiment, is a major factor. Softening domestic spending, driven by recession fears and pressured household budgets, further exacerbates the industry's challenges, impacting airlines, hotels, and overall GDP.

Read Full Article

Effettua l'accesso per mettere mi piace, condividere e commentare!

50% on copper, 200% on Pharma: Donald Trump talks of new US tariffs soon; ‘they're going to be tariffed at a very…’

President Trump declared a 50% tariff on copper imports and hinted at a potential 200% tariff on...

By 0 2

Dassault denies its CEO made comment on Rafale loss during Operation Sindoor

By 0 8

India likely to make preliminary Air India plane crash report public

By 0 8

Close to deal with India, says Donald Trump amid flurry of letters

President Trump announced potential trade deal with India amidst imposing reciprocal tariffs on...

By 0 15

‘Government is deeply broken’: Elon Musk questions people’s faith in Trump amid Epstein files row; US President dodges question

Elon Musk, once a supporter of Donald Trump, has questioned Trump's handling of the Jeffrey...

By 0 21