Back in May, we saw the numbers of visitors to the United States plummeting in the wake of President Trump's attacks on most countries in the world with his tariffs and much else besides. Particularly with visitors from Canada, but also Europe and elsewhere. It was speculated that, if it continued, it would wipe billions of revenue off the US tourism industry and leave a lot of, particularly small, tourist businesses in significant trouble. So at the end of the holiday season, how much did those predictions bear up? As it turns out, pretty robustly. With one interesting exception. Let's discuss.