Market Overview

Donald Trump's Immigration Plan Could Drive The Price Of Milk Up 90%

Donald Trump's Immigration Plan Could Drive The Price Of Milk Up 90%

Donald Trump’s aggressive plan to deport the 11 million illegal immigrants currently living in the United States has certainly struck a chord with Trump’s supporters. However, the economic reality of such a plan could change a lot of people’s minds.

According to Bloomberg’s Mark Niquette, dairy farmers are the latest group to question the viability of Trump’s deportation plan. Regardless of politics, dairy farmers want Americans to know that if they like milk, they should reconsider a vote for Trump.

Got Milk? Maybe Not For Much Longer...

“With my group of friends, we kind of joked around and said, ‘Wow, did you ever think you’d vote for Hillary?’” farmer and president of the Professional Dairy Producers of Wisconsin Mitch Breunig said. Breunig and his farming friends who are independent or Republican-leaning may be forced to vote Democrat as a matter of self-preservation.

Related Link: Study: Trump's Immigrant Deportation Plan Could Cost Economy $600 Billion

A new study by U.S. dairy producers concluded that without immigrant labor, many dairies would be forced to close due to lack of labor, and the price of milk and other dairy products in the United States would nearly double.

A study earlier this year by the American Action Fund found that Trump’s immigration plan alone could drain up to $623.2 billion from the U.S. economy, single-handedly shrinking GDP by about 2 percent.


Related Articles (DF + WBD)

View Comments and Join the Discussion!

Posted-In: American Action Fund Bloomberg dairy farmsCommodities Politics Markets Media General Best of Benzinga