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Wall Street Doubts Trump's Mass Deportation Plan
Wall Street investors doubt President-elect Trump will deport millions of immigrants, predicting net positive immigration despite stricter policies due to legal and logistical hurdles, contrasting with campaign promises. A Goldman Sachs survey shows only 6% of investors expect negative net immigration under Trump, with most anticipating a decrease to 500,000–1,000,000 annual immigrants.
Spanish
United States
Goldman SachsDoge (Department Of Government Efficiency)Salesforce
Donald TrumpElon MuskJan HatziusHoward LutnickLarry SummersGlenn HubbardMarc BenioffGeorge W. Bush
- What is Wall Street's assessment of the likely impact of President-elect Trump's promised mass deportations on net immigration to the US?
- Wall Street investors are skeptical of President-elect Trump's promised mass deportations, with only 6% expecting net immigration to turn negative. Most anticipate a slowdown to 500,000-1,000,000 annually, below the recent 1.75 million annualized rate but above pre-pandemic levels. This suggests legal and logistical hurdles will limit the scale of deportations.
- What are the main factors driving Wall Street's skepticism regarding the feasibility of President-elect Trump's proposed large-scale deportation plan?
- The skepticism stems from the legal and logistical challenges of mass deportations, alongside the economic risks of labor shortages in key sectors. Even with a stricter immigration policy, Wall Street projects continued net positive immigration due to these constraints. This contrasts sharply with Trump's campaign promises.
- What are the long-term implications of Wall Street's prediction regarding the limitations of President-elect Trump's immigration policies and the resulting impact on future immigration reform?
- The limited impact of Trump's immigration policy, as predicted by Wall Street, points to the significant inertia within the US immigration system. Future policy changes will likely face similar obstacles, potentially limiting the effectiveness of large-scale immigration reforms regardless of political will.