US Retailers Face Fallout as Travel Spending Stalls | WION Business Watch

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US Retailers Face Fallout as Travel Spending Stalls | WION Business Watch

Fewer international travellers are visiting the US this year, and its not just the tourism industry that is feeling the heat. Retailers across the country are bracing for a potential 20 billion dollar hit as shopping bags and suitcase hauls from foreign visitors begin to dry up. Here’s a look at what’s driving the drop and what it could mean for US economy.

#US #economy #retail #wion

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