Reported about 11 hours ago
President Trump's immigration policies, aimed at tightening border security and limiting immigration, may lead to a 0.5% decrease in GDP growth, according to Wendy Edelberg from the Brookings Institution. This projection is based on anticipated reductions in labor supply and consumer spending due to decreased immigration. Edelberg warns that these policies could particularly harm immigrant-heavy areas and increase prices in the agricultural sector while affecting housing demand and rental prices.
Source: YAHOO