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What Will Be the Economic Fallout of Trump’s Immigration Crackdown? | Trumponomics

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July 2, 2025

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On this episode of Trumponomics, we focus on US President Donald Trump’s crackdown on immigration, what’s at stake for businesses and the economy, what harm has been done already and whether the administration could change course.

Jonathan Levin, a Bloomberg Opinion columnist focused on US markets and economics, and Kate Davidson, Bloomberg’s managing editor for US economic policy, join host Stephanie Flanders to discuss the many consequences of Trump’s signature campaign promise, whether his administration is likely to modulate its policies—and whether there could be long-term benefits to the broader economy of forcing employers to offer higher wages and better conditions to attract the workers they need.

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Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.

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What Will Be the Economic Fallout of Trump’s Immigration Crackdown?

Guests & Subjects Covered

US President Donald TrumpsJonathan LevinBloomberg OpinionKate Davidson BloombergsStephanie FlandersDonald TrumpPresidency ToWashington DC

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