Federal Tariffs Devastate NY Tourism & Trade
New York City News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Federal tariffs in 2025 led to a significant drop in international tourism and exports to Canada, causing a three billion dollar plunge in New Yorks economy. The state saw a three percent decrease in overseas visitors, with the North Country experiencing a twenty-one percent crash in cross-border trips. Hotel stays fell by one point two percent, and jobs in Western New York and the North Country decreased by two percent and two point six percent, respectively. Exports to Canada dropped by nearly half, affecting over two-thirds of product categories. Despite these challenges, industries tied to international travel still support over nine hundred thirty-two thousand jobs and pay out forty-five point four billion in wages. State Comptroller Tom DiNapoli warns that these federal policies could continue to harm New Yorks economy if not changed.
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