US Tourism Sector Plunges into Unprecedented Revenue Crisis in 2025 as America First Policy Ravages Global Visitor Arrivals - Travel And Tour World
www.travelandtourworld.com
The US is facing an unprecedented decline in tourism revenue in 2025, standing alone among major global economies in this downturn largely due to the impact of the America First policy.
  • Echo Dot@feddit.uk
    2·
    1 month ago

    This is going to isolate and ward off foreign business and visitors.

    Also having tariff policies that just change every 5 minutes makes it rather hard to plan ahead, and businesses hate that. A lot of the companies that we work with have changed their policies so that the shipping fees to the US are either huge, or have restrictions on them such as at least €200 worth of product have to be spent before they’ll ship anything. Meanwhile they’ll ship to Indonesia for free for a product that cost €40.

    This is because the time between shipping the product and the product being received in the US global trade policy might have changed six times. The only way to plan for that is to have a huge profit margin to absorb the weirdness.