A nonpartisan economic analysis warned that deporting migrants and increasing tariffs would damage the U.S. economy.

The changes proposed by Trump would “cause a large inflationary impulse and a significant loss of employment (particularly in manufacturing and agriculture) in the US economy,” the paper found, adding that in some cases benefits would be conferred onto other economies.

Three signature proposals from Republican presidential nominee Donald Trump — increasing tariffs, curbing the Federal Reserve’s independence and cracking down on illegal immigration through deportations — would hurt the U.

Former President Donald Trump’s plan to raise tariffs on imported goods and deport millions of undocumented immigrants would be a double whammy for the U.S. economy, reducing economic growth while reigniting inflationary pressure,

America's real GDP could plummet by nearly 10 per cent in one scenario, analysis finds, with some impact expected to be felt through 2040 Republican presidential nominee Donald Trump's vows to usher in a "manufacturing renaissance" in America have intensified as he seeks to differentiate himself from Democratic hopeful US Vice-President Kamala Harris ahead of US election day.

A new study from the Peterson Institute for International Economics projected that former President Donald Trump's second-term policy proposals of mass deportations and massive tariffs on all foreign goods would do significant damage to the American economy.