The Latest Breaking News from the Peterson Institute for International Economics

Trump's new student visa rule could cost US economy up to $400 billion a year

A new report by the Peterson Institute for International Economics (PIIE) warns that the Trump administration's new student visa rule could discourage international students, shrink the US STEM talent pipeline and reduce economic output by up to $400 billion annually. The report urges Congress or the courts to intervene before…

The Economic Times · Jul 28

Trump's Mass Deportations Will Hit Restaurant Industry As Hard As Pandemic, Economist Warns

More expensive menus, higher wages and increased closures are some of the consequences this scenario would have

Latin Times · Dec 13, 2024

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

The report estimated deporting 8.3 million undocumented immigrants could cut the GDP by 7.4% and reduce employment by 7% by 2028.

Latin Times · Dec 13, 2024