Creating new perspectives since 2009

Trump's laws and restrictions to cost US economy $18bn

March 30, 2017 at 9:16 am

US President Donald Trump attends a conference at the White House on March 17, 2017 (Samuel Corum/Anadolu Agency)

A US travel agency has predicted that anti-immigrant laws and restrictions on electronic devices issued by its President Donald Trump could cost the American economy $18 billion in two years.

Restricting tourists

  • The ‘Muslim Ban’ does not allow citizens of Iran, Libya, Syria, Somalia, Sudan and Yemen into the US
  • Electronics ban prevents passengers travelling from 10 airports in 8 Muslim-majority countries from carrying electronic devices in the cabins

The number of international tourists to the United States is expected to drop by 4.3 million this year as a result of Trump’s policies, Tourism Economics said in a statement.

The decline in the number of foreign tourists will reduce tourism revenues by $7.4 billion this year with further loses expected to be made in 2018, the company said.

Read: Trump vows to appeal against ‘Muslim ban’ ruling

It also predicted a decline in the number of foreign tourists to the country in 2018 to less than 6.3 million and a decline in tourism revenues to $10.8 billion if the Trump administration continues to implement its restrictions.

The president of the American company, Adam Sachs, said the cost of laws and restrictions on the US economy would exceed $18 billion in just two years, directing his criticism at Trump.