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Construction and agriculture industries 'brace' for potential changes to U.S. immigration and tariff policies

Dec 13, 2024 at 03:21 PM CST

Several U.S. sectors are preparing for imminent changes the transition to a Republican president and Congress promise to bring. Stories focused on upcoming changes are excerpted below.

President-elect Donald Trump's planned immigration crackdown and tariffs on Mexican and Canadian goods will hit the housing market with a "one-two punch," report Elizabeth Findell and Gina Heeb of The Wall Street Journal. "In Texas, California, New Jersey and the District of Columbia, immigrants make up more than half of construction trade workers. . . Undocumented workers make up an estimated 13% of the construction industry." Beyond the possible loss of skilled trade workers, "the president-elect’s proposed tariffs of 25% on Canada and Mexico could increase the cost of construction materials."