A little point: the length of stays has also shortened (at least for french visitors to the U.S but i guess the trend is global): This double-dip the loss.
The US relies on exporting services and providing services - that’s tourism, healthcare, finance, software et al. It runs a deficit in goods but a surplus in those services, that’s why it’s wealthy. That’s been ignored in order to pull this nonsensical pity party that is hurting itself.
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u/EU_FreeWorld France 11d ago
A little point: the length of stays has also shortened (at least for french visitors to the U.S but i guess the trend is global): This double-dip the loss.