U.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Barnes issued the following statement on the Trump administration's announcement on trade talks with China:
“The American travel community thanks and congratulates the White House for its announced Phase One of a China trade agreement. Sound trade policy is crucial to the health of many industries beyond traditional exports like agricultural and manufactured products, and travel is a prime example. Inbound international travel is, in fact, our country’s largest service export and second-largest overall, generating a $69 billion trade surplus—$29 billion with China alone—without which our overall trade deficit would have been 11% higher last year.
“We look forward to the swift and complete resolution of the bilateral trade disagreement between the U.S. and China to ensure U.S. businesses and workers have access to this large and critical market.”
U.S. Travel Association is the national, non-profit organization representing all components of the travel industry. Travelers in the United States are estimated to spend $1.1 trillion in 2022 (still 10% below 2019 levels). U.S. Travel advocates for policies to accelerate an even recovery across the travel industry and restore economic and job growth for this essential contributor to our nation’s success. Visit ustravel.org for information and recovery-related data.