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US set to lose $12.5 bn in foreign tourism in 2025: industry
US set to lose $12.5 bn in foreign tourism in 2025: industry
Business and Economy
by  AFP

The United States is on track to lose some $12.5 billion in revenue from foreign tourists this year, a tourism industry group said Thursday, as the Trump administration has led a crackdown in immigrants. The study by the World Travel and Tourism Council (WTTC) and Oxford Economics found that the United States was the only country set to see a drop in spending from foreign tourists this year.

Walmart warns of higher prices due to tariffs
Walmart warns of higher prices due to tariffs
Business and Economy
by  AFP

Walmart on Thursday reported another solid quarter behind sales gains in the United States, but warned of higher prices and continued uncertainty over President Donald Trump's tariffs. Besides China, Walmart imports heavily to the United States from Mexico, Vietnam, India and Canada.