US media: Trump's tariff hike devastates US tourism or losses of $90 billion According to a report on the official website of NBC News on April 19, for international tourists, traveling to the United States no longer seems as attractive as before. The report said that President Trump's trade policies and hostile rhetoric toward most of the world are casting a chill over America's international tourism. This shift may have a significant impact on the economy. A Wall Street firm predicts that if combined with reduced travel and boycotts of American products, U.S. revenue could plummet by as much as $90 billion this year ("with one Wall Street firm projecting U.S. revenue could collapse by as much as $90 billion this year when combined with reduced travel and U.S. product boycotts"). The report noted that after Trump directly targeted Canada with trade restrictions and indirectly suggested that its northern neighbor and close ally should become the "51st state," tourism from Canada has seen the largest decline. Data from U.S. Customs and Border Protection shows that in February, the number of visitors crossing the northern border decreased by 12.5% year-on-year, and in March, it fell by 18% ("Figure 2"). The report said that according to the National Travel and Tourism Office under the U.S. Department of Commerce, tourists from another traditional ally region, Western Europe, have also decreased. Some vacationers from historically reliable countries like the UK and Germany have chosen not to visit the United States. In March, the number of travelers from these countries decreased by more than 29%. The report said that overall, West European tourist arrivals fell by 12% in March, which is one of the highest levels on record outside of the pandemic. The report said Jan Freitag, senior vice president of STR Global lodging insights and national director of hotel analytics at CoStar Group, stated, "Multiple data sources point to an economic slowdown, and there are many signs that the slowdown is more severe." The report said that Trump directly hit Western allies through tariffs on autos and auto parts as well as steel and aluminum. European imports currently face a 10% tariff, although Trump has temporarily suspended the second round of tariffs on EU countries. He also exempted most items imported from Canada and Mexico from a 25% import tariff. But even with these remedial measures, sentiment against the U.S. worsened because the added tariffs could have an economic impact on residents of these countries. A report from Goldman Sachs analysts said in an analysis given to clients recently that in the worst-case scenario, due to the combined effect of reduced visitor numbers and canceled purchases of American goods, the U.S. could lose up to $90 billion in revenue this year. Analysts said in a report on March 31, before Trump announced "Liberation Day" on April 2, "Our estimates ... suggest that foreign boycotts of U.S. products will likely impose a modest drag on U.S. GDP growth in 2025, mostly driven by a pullback in foreign tourism". The report also said, "Although small, besides the more direct negative impacts of tariffs and the drag on exports from foreign retaliation already included in U.S. GDP forecasts, this provides another reason why U.S. GDP total growth in 2025 may be below expectations." The report said Adam Sacks, president of Tourism Economics at Oxford Economics Consulting, stated that even if Trump eases his stance, the negative sentiment he caused among long-term allies is unlikely to reverse quickly. "The damage has been done," he said, "Even if Trump softens his position, the consequences can only be mitigated to some extent, but it will take time to resolve, and people will become interested in the U.S. again." The original title of the report is "As international tourists pull back on U.S. travel and purchases, $90 billion in lost revenue looms" (With international tourists pulling back on U.S. travel and purchases, $90 billion in lost revenue looms). [Images] Original article: [https://www.toutiao.com/article/1829874355200009/](https://www.toutiao.com/article/1829874355200009/) Disclaimer: The article solely represents the author's viewpoint.