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Latin Times
Latin Times
Politics
Maria Villarroel

U.S. Economy Will Lose Billions of Dollars As TPS Ends For Millions Of Migrants, Experts Say

Protest in favor of reinstating TPS for Venezuelans (February, 2025) (Credit: Photo by Joe Raedle/Getty Images)

The Trump administration has vowed to curb down immigration, revoking temporary protections to millions of migrants from around the country. As the date for their protected status to finalize nears, experts estimate the U.S. economy will lose billions of dollars due to a decreased participation from immigrants.

The new estimate comes from fwd.us, a bipartisan political organization that researches immigration and the criminal justice system. According to a recently-published analysis, the U.S. economy will lose $13.4 billion through the annual contribution to the economy through immigrant's spending power.

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