Occupy Democrats - A jaw-dropping new analysis from Goldman Sachs reveals that Donald Trump's disastrous policies could cost the United States a staggering $90 billion in lost tourism and export revenue.
And it gets so much worse...
Tourism has been cratering as Trump shreds America's global reputation and his border agents continue to detain, terrorize, and deport innocent people. Reports of Europeans being improperly held for weeks have terrified tourists.
Last month, tourism plummeted 10% from the prior year with a 14% dip from the United Kingdom, 27% from Ireland, 28% from Germany, and 34% from Denmark.
Canadian flight reservations for the summer season have dropped by an astonishing 70% — directly impacting American businesses and vendors that rely on tourism. Some hotels are reporting an overall 25% drop in bookings from Europeans.
In addition to fears about traveling to the increasingly authoritarian United States, many foreigners are choosing to boycott and spend their money elsewhere. Trump's tariffs and hateful rhetoric have destroyed our national image.
According to Goldman Sachs, some $20 billion in retail spending from international visitors could evaporate into thin air. Coupled with the tariffs and the skyrocketing cost of goods, this all amounts to mass economic suffering for the American people.
In the worst case scenario Goldman Sachs estimates a massive 0.3% hit to the GDP, roughly $90 billion.
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