As the world recovers from the Covid-19 travel slump, global tourism saw a 4% rise in 2025, reaching pre-pandemic levels. However, the US went against this trend, showing a decline of at least 4% in international visitors. Experts call this drop the "Trump slump," hinting at the impact of former President Donald Trump on US tourism. Meanwhile, Hong Kong prepares for a busy Lunar New Year tourist season, hoping to regain the vibrant tourism of 2017 and 2018.