Instructions Create a final report for the industry you selected detailing the impacts of the United States/China trade war. This report should address the following topics: major issues of the trade...

For the United States, where tourism accounts for 2.8 percent of GDP, such small changes add up to a lot of money. International visitor expenditure in the United States exceeded $251 billion in 2017 throughout the sector; the country ranks third in the globe in terms of overall attendance. According to the National Travel and Tourism Commission, the number of Chinese visitors decreased by 5.7 percent in 2018 . Several causes have contributed to this drop. To begin, while Chinese travel to the United States has increased, many think that growth has ceased at some point. Other economists refer to the strength of the US currency as a deterrent to foreign tourists.
The growing middle class in China has turned into a profitable market for the US tourist business. Last year, about 3 million Chinese visitors visited the United States. According to the American Travel Association, they spent an average of $6,700 per person each trip, which is more than 50% higher than the typical foreign traveler's spending. The United States is vulnerable to harassment. The difficulty of acquiring a US visa complicates matters even further.
However, when the trade war between the two nations heated up, the Chinese government instructed state-owned firms to avoid visiting the United States. There are also accusations that the Chinese government deliberately discourages Chinese travellers from visiting the United States. The reduction in Chinese tourists is having a significant impact on the US economy since they are the most expensive overseas visitors, spending $36.4 billion last year. The average cost of a trip for a Chinese tourist is $6,700. This is around 50% greater than the usual number of overseas visitors to the United States.
Inbound Chinese travel to the United States declined 5.7 percent in 2018 compared to the previous year. According to Tourism Economics, this is the first dip in Chinese arrivals in 14 years. Inbound tourism from China declined 2.2 percent year on year in the first six months of 2019.
The growing middle class in China has turned into a profitable market for the US tourist business. Last year, about 3 million Chinese visitors visited the United States. According to the American Travel Association, they spent an average of $6,700 per person each trip, which is more than 50% higher than the typical foreign traveler's spending. The United States is vulnerable to harassment. The challenge is exacerbated by the increased difficulty of gaining admission from the United States. The number of Chinese tourists declined by about 4% in the first half of this year after declining by nearly 6% in 2018. The United States' share in the global travel market has shrunk overall. Last year, travel operators and hotel chains...