USABy Johanna Jainchill

2 weeks ago | travelweekly.com | USABy Johanna Jainchill |Johanna Jainchill

Speaking on CNBC's Squawk Box on April 29, Freeman said the $50 billion travel trade surplus the U.S. enjoyed ten years ago has swung to a $50 billion deficit, a $100 billion reversal that threatens to get worse. According to a U.S. Travel Association graphic shown during the interview, Canada land trips to the U.S. in March were down 26% year over year, and Canada-U.S. flights were down 14%.