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Ian Bremmer of the Eurasia Group says a volatile Mideast, Russian disruption and a strained U.S.-China relationship could all prove harmful.
President-elect Donald Trump has threatened 25% tariffs on Mexican goods unless more is done to stop illegal immigration and illegal drugs.
Labor shortages may fuel inflation and hurt construction and food service. Some U.S.-born workers, along with the detention industry, may gain.
About a quarter of construction workers are immigrants. They may be vulnerable at a time when more housing is needed across the country.
And will any of that change in an economy under the next Trump administration?
Trump’s deportation plans would slow down construction, while his tariff and tax policies could keep interest rates high.
In this week’s “Make Me Smart” newsletter, we explore how President-elect Donald Trump’s campaign promises could shape the U.S. economy over the next four years.
Immigrants become consumers, workers and contributors to the U.S. economy. But in some places, an influx can stress budgets and infrastructure.
Legal loopholes for working without authorization exist, as immigrants await updates to their status or work permits.
Businesses, restaurants, hospitals and citizens are all grappling with recurring power outages — and debating leaving as a result.