Impact of Political Climate on International Travel Spending in the United States

SOURCE www.thetimes.com
The United States is expected to lose $12.5 billion in international travel spending by the end of the year due to factors such as the political climate, border issues, visa detentions, and a tariff war. This decline in spending by foreign tourists is impacting the US travel economy negatively.

Key Points

  • United States expected to lose $12.5 billion in international travel spending by the end of the year
  • Factors contributing to the decline in spending include the political climate, border issues, visa detentions, and a tariff war
  • Foreign tourists are spending less on holidays to the US, with estimated spending down 7% from last year