U.S. Economy Set to Lose $90 Billion from Declining Tourism and Boycotts Amid Trump's Policies

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U.S. Economy Set to Lose $90 Billion from Declining Tourism and Boycotts Amid Trump's Policies

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  • CNN en Español
  • Forbes
  • Bloomberg

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The U.S. economy is projected to lose billions of dollars in 2025 due to a decline in foreign tourism and boycotts of American products. This economic impact is linked to President Donald Trump's policies and rhetoric, which have led to a decrease in international travel to the U.S. In March, foreign travelers visiting the U.S. fell by 12% compared to the previous year, with Canadian travel dropping 32% due to an escalating boycott. According to Goldman Sachs, this decline could cost the U.S. economy up to $90 billion in 2025, potentially shaving 0.3% off the country's GDP. European travel to the U.S. has also declined by 25-30% from countries like Germany, the UK, and Sweden, attributed to Trump's policies and rhetoric.

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