The “Travel Ban” by the President of United States of America, Donald Trump can hit the tourism industry by about $18 billion over the next few years. The revised travel embargo went into effect since Thursday night for the six different Muslim countries like Iran, Libya, Somalia, Sudan, Syria and Yemen.
The administration is also trying to avoid the chaos that inundated the first iteration of the “travel ban,” which was in effect for a week after getting signed in the late January, but was later put on hold by the Supreme Court. Later the “travel ban” was revised and modified by the President Donald Trump and the Supreme Court.
According to the reports, this travel embargo will give a hit just like the previous hit that was experienced by America after the 9/11 attack. The US Government needs to balance on the national security with the economic and humanitarian costs.
However according to the recent travel ban the people with “close” family ties can enter in the country. The bona-fide relationship includes apparent, child, son, daughter, son-in-law and daughter-in-laws. Later the State Department will allow the fiances of people in the United States to enter the country.
US Government is taking the measures of laptop banning and travel banning in order to curb terrorism in the country. But there is a need to take the balance with the economic cause and terrorism.
The airline industries will also experience a hit on travel ban. South west Airlines trades around $62.44. While on a contrary, American Airlines is trading at $50.74. Delta Air Lines is trading at $54.13, which is up from $45 in April.