Non-citizen arrivals dropped almost 10% in March compared to last year, Bloomberg reported, citing data from the International Trade Administration.
In a worst-case scenario, the economic impact of reduced travel and boycotts could total 0.3% of GDP, or nearly $90 billion, Goldman Sachs estimated.
While foreign tourism gave the US economy a post-pandemic boost, many potential visitors are now reconsidering their travel plans due to rising border tensions, geopolitical issues and global economic uncertainty.
