LIVE MARKETS-International trips to US more resilient than thought

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INTERNATIONAL TRIPS TO US MORE RESILIENT THAN THOUGHT

The number of overseas visitors coming to the United States rebounded in April, indicating that concerns over a boycott of the country due to the election of President Donald Trump are not necessarily bearing out in large numbers.

Data for April 2025 shows an 8% year-over-year rebound in trips to the U.S., Jim Reid, global head of macro and thematic research at the Deutsche Bank, noted in a report.

It comes after a 12% YoY drop in March. This was partly blamed on poor weather and a late Easter compared to previous years, in addition to a possible boycott of Trump. "It’s likely that some travel was simply shifted into April," said Reid.

Reid notes that in previous years when Easter was also late, including 2019, 2017, 2014 and 2011, there was a sharp decline in March that was followed by a strong rebound in April.

Foreign travel to the U.S. this year had also weakened in February, with a 2% YoY decline, and while the April rebound "doesn’t fully offset the March drop—unlike the previous late-Easter years," it is in line with February’s data.

"So yes, the U.S. has become a somewhat less attractive destination for international visitors—tightened immigration controls are likely a factor—but not to the dramatic extent some suggested last month," Reid said.

(Karen Brettell)

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