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Latin Times
Latin Times
Politics
Maria Villarroel

Economists Warn Deporting Hundreds of Thousands of Venezuelans Could Devastate U.S. Economy

Venezuelans In Miami Celebrate TPS Status From Biden Administration (2021) (Credit: Photo by Joe Raedle/Getty Images)

The Supreme Court allowed the Trump administration to cancel Temporary Protected Status designation for over 300,000 Venezuelans across the country, making them eligible for deportations. Just days after the decision was reached, experts are warning that the massive ousting of migrants could seriously destabilize the U.S. economy.

The court's order directly affects some 350,000 Venezuelans who were granted protections in 2023 during the Biden administration due to the political, economic and humanitarian crises ravaging their home country. The former president then extended these protections in January, allowing them to retain their legal status until October 2026.

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