Why the World’s Skipping U.S. Trips

The U.S. economy is set to lose billions of dollars in revenue boycotts of U.S. tourism and goods.

Yasmin Khan and Wosny Lambre discuss on The Young Turks. Do you agree with TYT's take? Tell us what you think in the comments below. SUBSCRIBE today☞

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"The U.S. economy is set to lose billions of dollars in revenue in 2025 from a pullback in foreign tourism and boycotts of American products, adding to a growing list of headwinds keeping recession risk elevated.

Arrivals of non-citizens to the US by plane dropped almost 10% in March from a year earlier, according to data published Monday by the International Trade Administration. Goldman Sachs Group Inc. estimates in a worst-case scenario, the hit this year from reduced travel and boycotts could total 0.3% of gross domestic product, which would amount to almost $90 billion."

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