2025/1/17 - Trump's deportation policy and inflation

Trump’s deportation plan will be very pricy

링크: https://finance.yahoo.com/news/trumps-deportation-plan-will-be-very-pricey-152135043.html

 

 

- America has never deported more than 500,000 migrants in a single year — and Trump wants as many as 13 million. 

Could cost $315 billion

- Congress has to provide money to fund related agenices. However, national debt....

-  “The promise of deportation is an extremely expensive one in terms of the budget required and the economic fallout,"

- Need more prison to detain that much illegal immigrants. This is the reason why the stock price of companies that build private prisons has soared since Trump's election.

- Mass deportation would also have economic costs, including slightly lower GDP growth, higher prices, and larger annual deficits.

- Most undocumented migrants work, and they pay an estimated $90 billion in taxes per year. Migrants are an important source of labor in healthcare, construction, restaurants, and agriculture. They account for an estimated one-half of all dairy workers, as one example. LABOR SHORTAGE

-------------------------------------------------------------------------------------

USD/KRW exchange rate: 1,456.03원

USD/JPY exchange rate: 156.30엔

USD/CNY exchange rate: 7.3249위안

CNY/KRW exchange rate: 198.76원

DXY: 109.35

 

US Treasury 30Y yield: 4.854%

US Treasury 10Y yield: 4.622%

US Treasury 2Y yield: 4.282%

 

KTB 30Y yield: 2.665%

KTB 10Y yield: 2.816%

KTB 2Y yield: 2.645%