In Reply to: Also, if companies loaded up on inventory to beat the posted by Bruinfan4ever on June 12, 2025 at 07:19:01
NYT: Businesses in the immigration cross hairs
President Trump’s crackdown on illegal immigration is rapidly moving beyond Los Angeles, threatening to destabilize companies across the country.
The president has vowed a national effort that is leaving businesses and their employees on edge and economists worried about the long-term growth risks, Danielle Kaye reports.
“One of the main concerns is a loss of valuable workers,” Shanon Stevenson, a partner at the employment law firm Fisher Phillips who specializes in immigration, told DealBook. On Tuesday, she said, she was swamped with calls from businesses across America who fear having to shut down some operations, and potentially losing business and customers.
Nerves are particularly high in sectors like construction, hospitality, health care and manufacturing. The Associated General Contractors of America has been telling contractors to prepare for construction site visits from agents with Immigration and Customs Enforcement, according to Brian Turmail, a spokesman for the group.