The tariff boomerang effect: How Trump’s move could hurt international tourism
Canada and Mexico account for half of all travelers to the US and will face a new 25% tariff. The new measures also impact the three countries with the highest growth in visitors in 2024: China, India, and Japan
The trade war launched by Donald Trump — through the widespread imposition of tariffs on the United States’ main trading partners in an effort to reduce the country’s large trade deficit and boost domestic economic activity — could have a negative impact on tourism in the world’s largest economy.
