US Expected to Lose $18 Billion in Tourism Amid Trump Policies

The U.S. tourism industry is facing a downturn due to President Trump's tariffs and foreign policies, with a projected 5.5% decline in inbound travel for 2024, down from earlier growth estimates of nearly 9%. Key sources of international tourists, particularly from Canada, are experiencing significant reductions in travel, with bookings down over 70% compared to last year. A recent report indicates that Canadian tourism to the U.S. could drop by 15%, leading to an anticipated $64 billion loss in travel spending this year. Anecdotal evidence suggests a rise in travel cancellations, particularly among Canadians, as the political climate and tariffs deter tourism. The combination of tariffs, negative international sentiment, and harsh immigration policies are creating a perception of the U.S. as a less welcoming destination. As a result, the hospitality sector could face severe job losses if trends continue, impacting an estimated 140,000 jobs related to tourism.