Travel demand decline: How US economy faces billions in losses due to Trump trade policies

  • Posted on May 2, 2025
  • By Business News Today
  • 1 Views
Travel demand decline: How US economy faces billions in losses due to Trump trade policies

Weakening travel demand, fueled by trade war uncertainties and anti-American sentiment, threatens to erase billions from the U.S. economy. Airlines are retracting forecasts, and analysts project a significant hit to GDP from reduced foreign travel spending. Domestic spending is also declining amid recession worries, further impacting the U.S. travel and tourism industry.
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