World Immigration News

Wall Street banks on Trump not following through on immigration pledges

Release Date: 2025-01-27
Media: Japan Times
Summary: Trump's immigration policies could have devastating effects on corporate America's growth and earnings, especially in labor-intensive industries like agriculture, construction, and hospitality. While the Trump administration has taken steps such as declaring a national emergency and sending deportees back to Central America, mass deportations and large-scale workplace raids have not yet materialized. Investors are largely betting that Trump won't fully follow through on his proposals, given that many would face legal and financial hurdles.

The potential deportation of millions of undocumented immigrants could cause significant economic disruption, including higher inflation and labor shortages. However, investors are focused on what actually gets implemented rather than Trump's rhetoric, expecting only modest actions on immigration. Companies heavily reliant on low-skill labor, like restaurants, hotels, and meat processing, could face higher costs, while the tech industry may also be affected by restrictions on H-1B work visas. Despite these risks, many investors believe the economic impact will be manageable and are monitoring key sectors for signs of actual policy implementation.
Tags: USA

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