CEA's Shapiro on International Guests
When President Obama presented Friday to the International Olympic Committee, the Pakistani representative asked him how the United States would make international visitors feel more welcomed. President Obama admitted that we need to do better.
Our shabby treatment of international guests has cost us more than the 2016 Summer Olympic Games. It costs us billions of dollars of lost business each year.
U.S. companies that make large machinery complain that their overseas competition gets business from those unwilling to be subject to the harsh U.S. visa procedures or rude treatment upon arrival at our borders. When buyers from overseas face difficulty coming here, U.S. companies must travel abroad to get business.