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US Politics

US Politics

Companies Warn SEC That Mass Deportations Pose Serious Business Risk

Wired
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Since January of this year , more than forty companies have mentioned the impact of deportations in filings to the Securities and Exchange Commission .

The impacted industries span a wide cross-section of the US economy, including food production, tech, and construction.

President Trump has made cracking down on illegal immigration a cornerstone of his policy agenda.

The highly visible deportation campaign has sparked nationwide anti-ICE protests, and helped energize the “No Kings” demonstrations.

Some companies argued that their businesses could be at risk if their customers are affected by deportations.

Pacific Airport Group , which operates through airports in Mexico and Jamaica , said that mass deportations would hugely impact airport traffic.

The cloud communications and financial services company IDT Corp. said that deportations could “negatively impact” its enterprise customers.