President Donald Trump on Wednesday laid out a sweeping set of tariffs that would hit products from a long list of countries.
Among the proposed tariffs: A baseline of 10% for trading partners; 25% on all imported cars; and reciprocal tariffs on at least 50 countries that can reach nearly 50%.
The plans go further than many were expecting. Reciprocal tariffs aren’t based solely on rates from other countries: “We will calculate the combined rates of all their tariffs, non-monetary barriers, and other forms of cheating,” Trump said at a White House Rose Garden event.
For the travel industry, the impact is indirect. Tariffs apply to imported products — think cars, washing machines, and even champagne. They don’t get added to airfares, hotel rooms, or tours.
But the knock-on effects could be significant. Tariffs can lead to higher prices making America a more expensive destination for visitors. And then there are the vibes. Will tourists still be eager to visit a U.S. that is engaged in a trade war with their home country?
“Trump policies might cut U.S. travel growth by half,”