The administration of American president Donald Trump stated that it could cancel the non permanent authorized standing of greater than half one million immigrants from Cuba, Haiti, Nicaragua and Venezuela, in response to the BBC.
These immigrants had been warned to go away the USA earlier than their license and the expulsion protect was canceled on April 24.
Cancellation can result in brief -term problems on the labor market, particularly in industries which largely rely on immigrant staff, resembling agriculture, building, hospitality and well being care. That is more likely to improve wages, if the fundamental ideas of provide and demand are right.
Trump additionally plans to cancel the non permanent authorized standing of round 240,000 Ukrainians who fled to the USA in the course of the battle with Russia.
Market response
On the time of this report, the US greenback index decreased 0.13% per day to 104.00.
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2025-03-24 00:13:13