Large -scale deportation of migrants will bring down US GDP - Bloomberg

27 January 2025, 08:25 | Peace
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US President Donald Trump's immigration policies could cause the country's GDP to drop by 8%. Large-scale deportations of migrants would hit a number of industries that depend on immigrant work, such as hospitality, agriculture, food processing and construction. On Sunday, January 26, writes Bloomberg with reference to experts. . In states such as California, Texas and Florida, more than 45% of builders are immigrants. The shortage of labor in these regions can lead to an increase in labor costs by 8% and five -month production delays. . . The drop in GDP by 8% will be one of the largest economic shocks in the latest US history. . . News on Telegram and WhatsApp. Subscribe to our channels https://t. me/korrespondentnet and WhatsApp Author: 1.




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