3/27/2025, 4:28:57 PM | Forbes | news
How Trump Is Torpedoing Foreign Tourism To The US—Potentially For Years To Come, Say Analysts
The Trump administration's multi-front tariff wars and rhetoric have significantly impacted international tourism to the U.S., leading to a projected year-over-year drop of 5% in inbound travel, down from an initial forecast of 9% growth. Tourism Economics, a nonpartisan company tracking tourism statistics, forecasts a $64 billion loss for the U.S. economy this year due to reduced travel spending. The impact is particularly severe on the hospitality sector, where a 10% reduction in Canadian inbound travel is estimated to cost $2.1 billion and jeopardize 140,000 jobs. The situation is worse than during Trump's first term, with anti-U.S. sentiment affecting major sporting events like the 2025 Ryder Cup, 2026 FIFA World Cup, and 2028 Olympic and Paralympic Games.