Decline in tourism hits US economy
Overseas visitors to the US are on track to drop by almost two million year-on-year.
The US tourism industry is experiencing a decline, with overseas visitors expected to drop by nearly two million compared to the previous year, even as the FIFA Men’s World Cup did not reverse the trend. This decline is hurting the US economy, and some attribute it to a "self-inflicted" issue, as visitors from US allies like Canada and several European countries have notably decreased due to trade war tensions and taunts from Washington.
On the other hand, countries like China and Japan are seeing increased tourism, with China benefiting from visa-free entry policies and Japan attracting tourists due to its weak currency. The head of the US Travel Association, Jeronimo Gonzalez, noted that the US is the only major country in the world currently losing visitation, describing the situation as "mind-boggling."
Brief written by urgent.news from Semafor's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
