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Latin Times
Latin Times
Politics
Sana Khan

Trump's Mass Deportation Plan Threatens US Economy With 7.4% GDP Loss: Report

President-Elect Donald Trump at the Embassy of the United Kingdom's Residence on December 7, 2024 in Paris, France. (Credit: Oleg Nikishin/Getty Images)

President-elect Donald Trump's proposal for mass deportation could severely harm the U.S. economy by reducing economic growth, shrinking the labor force, and increasing inflation, a report by Democrats on the Congressional Joint Economic Committee (JEC) revealed.

The report, which was released Thursday and was based on data from the Peterson Institute for International Economics, estimated deporting 8.3 million undocumented immigrants could cut the GDP by 7.4% and reduce employment by 7% by 2028, the report mentioned. This might lead to no economic growth during Trump's potential second term.

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