Fewer tourists are visiting the US

Five Killer Charts

Good morning – here are your five chart for the day. Each one comes snap stat, quick take and why it matters. Skim, steal, forward (but always credit!!).

Trump's tourism crackdown, Apple's services surge and coffee price chaos: today's data reveals the forces reshaping global markets.

CHART 1 • Trump's policies trigger $12bn tourism collapse

Four months into his second term, the president's "America First" agenda is devastating global travel to the US. Foreign arrivals by air have dropped 2.5% through April, with March seeing a brutal 10% plunge after tariff announcements. The World Travel & Tourism Council forecasts America will lose $12.5 billion in visitor spending this year, making it the only economy among 184 tracked to see tourism revenue decline.

Snap stat – Foreign air arrivals to the US fell 2.5% through April, with March down 10%.

Quick take – Visa restrictions and trade tensions prompt travel boycotts from key markets.

Why it matters – Tourism losses will widen the trade deficit as visitor spending counts as exports.

Steal-this-caption – "America is the only major economy losing tourism revenue this year." #FiveChartsDaily

Source: Bloomberg

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