COVID-19

As summer begins, ban on U.S. travel to EU nations is an economic blow

Jasmine Garsd Jul 1, 2020
Heard on: Marketplace Morning Report
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EU nations will not open their borders to U.S. travelers. What does that mean for the American travel industry? Kenzo Tribouillard/AFP via Getty Images
COVID-19

As summer begins, ban on U.S. travel to EU nations is an economic blow

Jasmine Garsd Jul 1, 2020
EU nations will not open their borders to U.S. travelers. What does that mean for the American travel industry? Kenzo Tribouillard/AFP via Getty Images
HTML EMBED:
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On Wednesday, after months of lockdown, European nations will start opening their borders to travelers, from a list of countries they judge to have COVID-19 under control.

The U.S. is not on that list.

So, what does that mean for the American travel industry?

Last year, in the month of June alone, the international trade administration says, more than 2 million Americans traveled to Europe.

This year the ban will be a huge economic blow to Europe, and to the U.S. travel industry.

“The transatlantic market is one of the most profitable for the airlines. The European and American airlines have all entered into joint venture agreements, where they share revenue,” said Scott Mayerowitz with the travel website The Points Guy.

And it’s not just airlines. Mayerowitz said travel agents, workers who clean airplanes, airport suitcase handlers and more will all be affected.

Travel analyst David Tarsh predicts some U.S. travelers will now seek domestic adventures.

“So many will be jumping into their cars, and they’ll be driving somewhere,” Tarsh said.

The EU ban will be revised every two weeks. But COVID-19 cases in the U.S. are still on the rise.

COVID-19 Economy FAQs

What’s going on with extra COVID-19 unemployment benefits?

The latest: President Donald Trump signed an executive action directing $400 extra a week in unemployment benefits. But will that aid actually reach people? It’s still unclear. Trump directed federal agencies to send $300 dollars in weekly aid, taken from the federal disaster relief fund, and called on states to provide an additional $100. But states’ budgets are stretched thin as it is.

What’s the latest on evictions?

For millions of Americans, things are looking grim. Unemployment is high, and pandemic eviction moratoriums have expired in states across the country. And as many people already know, eviction is something that can haunt a person’s life for years. For instance, getting evicted can make it hard to rent again. And that can lead to spiraling poverty.

Which retailers are requiring that people wear masks when shopping? And how are they enforcing those rules?

Walmart, Target, Lowe’s, CVS, Home Depot, Costco — they all have policies that say shoppers are required to wear a mask. When an employee confronts a customer who refuses, the interaction can spin out of control, so many of these retailers are telling their workers to not enforce these mandates. But, just having them will actually get more people to wear masks.

You can find answers to more questions on unemployment benefits and COVID-19 here.

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