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How boycotts on American products and travel are impacting the U.S.

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    Senior Traveler
    • Oct 2023
    • 1176

    How boycotts on American products and travel are impacting the U.S.

    In response to U.S. tariffs and President Trump's policies, 71% of Canadian consumers say they intend to buy fewer American products this year, according to retail data consulting firm Dunnhumby. That’s having an impact. The US economy could lose up to 0.3% of its GDP or about $90 billion in revenue in 2025 due to the international goods boycott and the decline in foreign tourism according to Goldman Sachs.

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