Impact on Tourism Forecasts
revises its forecast, expecting a 9.4% decline in international arrivals to the this year, nearly doubling its previous estimate due to the Trump administration's tariffs and policies.
High-profile incidents, tariffs, and controversial stances by the Trump administration have significantly deterred potential international travelers, with European tourists facing recent border lockups.
Economic Consequences and Sector Reactions
The U.S. Travel Association warns of severe economic repercussions, including billions in lost spending and thousands of job losses, particularly from a expected 20% drop in Canadian visitors.
Air Canada reports a 10% decrease in bookings to the U.S. for the April-September period compared to the previous year, reflecting broader concerns within the travel industry.