The international demand lost is well beyond what can be replaced with domestic demand. Tariffs are also going to keep prices high so even with a demand reduction that won’t matter to a lot of the supply cost.
The taxes are one thing but less profit and less demand=jobs being cut which has downstream effects. Any smart company doesn’t expect this to be short. Being advised against travel is not something that gets turned around easily.
The international demand lost is well beyond what can be replaced with domestic demand. Tariffs are also going to keep prices high so even with a demand reduction that won’t matter to a lot of the supply cost.
The taxes are one thing but less profit and less demand=jobs being cut which has downstream effects. Any smart company doesn’t expect this to be short. Being advised against travel is not something that gets turned around easily.