Ray Lujan, a lifelong resident of Las Vegas, sees Trump administration policy playing a big part in the city’s droopy tourism numbers for 2025.
And it’s not just tariffs. The immigration crackdown and hardened borders are also hitting the workforce and visitor traffic.
Right now, there are signs of a tourism and spending slump that could spell trouble for the rest of the U.S. economy.
“It's not the change of tariffs,” said KPMG U.S. CEO Tim Walsh, “but the fact that tariffs are changing, and then sometimes changing again.”
Staffing shortages are already reportedly causing delays at airports.
Tariffs have raised the prices that tea shop owner Rachel Rozner pays. She’s now passing some of those costs on to customers.
How much did the 2018 program accomplish?
“Premium payments will increase by 114% if Congress does not extend the enhanced premium tax credits,” warned KFF’s Cynthia Cox.
The minutes are dry, but they contain clues about what the central bank might do next.
