Donald Trump is the 47th president-elect after winning the 2024 US presidential election. Two key policy priorities he has promised to pursue are fighting illegal immigration through mass deportations and implementing new trade tariffs.
Harvard Kennedy School of Government professor Jason Furman joins the Morning Brief to discuss the implications of these proposed policies.
Furman notes that the United States is "aging" and that "if it weren't for immigrants, our job numbers every month would be negative."
As for the threat of mass deportations, Furman cautions, "It's like a lot of these other promises: If he does the full-scale version of what he said, he's guaranteeing negative job numbers, lower growth, [and] not to mention something that would be incredibly cruel and inhumane."
Turning to Trump's proposed tariff policies, Furman warns that "it would hurt output and employment," making the Federal Reserve's job harder in the fight against inflation.
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This post was written by Angel Smith