International travelers greatly reduce their cross -border visits to the United States.
For international tourists, traveling to the United States seems less invited these days.
The combination of President Donald Trump’s commercial policies and hostilities towards most of the rest of the world creates cold in international travel to the United States that the transformation may have a major economic impact, as a company in Wall Street expects US revenues to collapse up to 90 billion dollars this year when American travel and products decrease.
Tourism from Canada witnessed the largest decrease after Trump targeted the country directly through commercial restrictions indirectly by noting that the northern neighbor and his close ally could become “state 51” for the United States
Traveler data from customs and American border protection show visitors approaching the northern border by 12.5 % in the year in February, after 18 % in March.
The visitors of Western Europe, another traditional region of allies, also declined, according to what he said National Bureau of Travel and TourismDepartment of the US Department of Commerce. Some vacationers from the most historical countries of origin, such as the United Kingdom and Germany, have chosen not to visit the United States traveling from these countries by up to 29 % in March.
In total, visitors to Western Europe witnessed a 12 % decrease in March, which is one of the highest record outside the epidemic.
“Multiple data sources indicate a slowdown – and there are many stories that indicate a more severe slowdown,” said Jean Freitag, Vice -President of the Senior Residence Vision of the World and National Director of the Costar Group Group.
Trump hit the Western allies directly through the definitions of cars and car parts, as well as steel and aluminum. European imports are currently facing 10 %, although Trump has stopped the second round of customs tariffs on European Union countries. Most elements from Canada – as well as Mexico – have also given 25 % duties on imports that he sought to impose on these two countries.
Even with these relief measures, there was an exacerbation of feelings against the United States that may have economic repercussions of its inhabitants.
In a recent note of customers, analysts in Goldman Sachs said that under the worst scenario of the worst cases, the United States will lose up to $ 90 billion of revenues this year from the common impact of reduced visits and the purchase of American goods.
Analysts said in a note dated March 31, before the announcement of “Liberation Day on the day of liberation on April 26,” Our estimates … indicate that foreign provinces of the United States products will impose a modest traction on the growth of GDP of the United States in 2025, often driven by a decline in foreign tourism. ”
“Although these small winds provide another reason – in addition to the direct negative effects of customs duties and withdrawing exports from foreign retaliation already integrated into the expectations of gross domestic product in the United States – why is the gross domestic product growth in total expectations in consensus in 2025.
Adam Sachs, head of the tourism economy, a consulting unit of Oxford’s economy, said that the negative feelings raised by the Trump administration have been generated among the allies long ago that are unlikely to be reflected in a short time frame even if the president is comfortable with his status.
“The damage happened,” he said. Although it is still possible to reduce the repercussions if Trump relieves his position, “it will take time to settle things and people to redirect them towards the United States.”
The bags said that travel groups are much lower reservations. However, representatives of some hot regions of American tourism, such as Miami and Niarajra Fols, say they have not yet seen main evidence that the slowdown is in full swing.
David Whitaker, President and CEO of the Great Conference Office and visitors in Miami, said that the full weight of management movements has reached a large extent after the peak tourism season in the city in the winter and early spring, and that hotel reservations and room prices have withstood so far. Miami has also been flammable by the diverse international visitor base and the fact that these visitors tend to be richer.
But he said he was still likely to have some effect in the coming weeks and months.
“Ask me again in May,” he said.
John Percy, President and CEO of Destination Niagara USA, said that the Canadians are still reaching large numbers in the last hockey game in New York against Bouvalo Sprers. Although it is very early to know the exact impact on his city’s economy, any reduced spending through Western New York societies in the form of low tax revenues that help pay for basic services such as police and fire.
“We are not aware of the effect of snowball,” he said.