Trump wanted to reduce trade deficits, but at least one has ballooned since he took office
1. U.S. travel trade deficit projected to hit $70 billion by 2025. 2. Inbound travel decline primarily driven by fewer Canadian visitors. 3. Travel trade surplus historically reversed to a $50 billion deficit in April. 4. Visitor spending expected to drop 3.2% with a 6.3% reduction in arrivals. 5. Key events may boost international visitation recovery, despite potential risks.