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Unveiling the Potential Impact of Proposed Tariffs on the US Hotel Industry – Image Credit Unsplash
- Potential tariffs on imported goods, particularly from China, pose a financial concern for US hoteliers.
- If enacted, the tariffs could raise prices, lengthen lead times, and increase consumer costs.
As the hotel industry prepares its budgets for 2025, the looming threat of these tariffs, particularly on furniture and other goods, raises concerns.
Throughout his election campaign, President-elect Donald Trump proposed import tariffs to boost US manufacturing. He has suggested imposing a 20% tariff and up to 60%…
































