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US travel sector may lose billions as Trump’s tariff policies hit tourism

IndiaTimes Saturday, 3 May 2025
The US travel sector is bracing for a significant slowdown in 2025, potentially costing the economy tens of billions of dollars. Declining international tourism, fueled by Donald Trump's tariff policies and eroding global sentiment, is a major factor. Softening domestic spending, driven by recession fears and pressured household budgets, further exacerbates the industry's challenges, impacting airlines, hotels, and overall GDP.
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