Impact of immigration restrictions on US economy and forecasts for EUR/USD and USD/CNY ...Middle East

A note via Capital Economics argues:While Trump’s trade policies receive attentionon, immigration restrictions may have a more substantial economic impact, potentially leading to lower growth and higher costs across critical sectors.Capital Eco says, in brief, that the immigration policy will reduce economic growth in the US by around 1% a year:Proposed Restrictions:Plans to remove up to 1 million undocumented immigrants annually.Likely significant reduction in immigration, affecting labor supply.Economic Impact:Immigration has driven 80% of US labor supply growth, sustaining economic growth amid high interest rates.Reduced immigration could lower US potential GDP growth by ~1% annually.Sec

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Impact of immigration restrictions on US economy and forecasts for EUR/USD and USD/CNY ...Middle East

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