Wharton Experts Warn That Immigration Ban Could Harm Economy

Two Wharton School professors express concern President Trump's immigration ban could make many company executives start to wonder if the U.S. is living up to its business-friendly reputation.

Trump’s immigration ban could have far reaching consequences for the country’s economy by undermining the reputation of the U.S. as a reliable place to do business, explains Mike Useem and Robert Meyer for Knowledge@Wharton podcast.

In the podcast for Knowledge@Wharton, Useem, who is Wharton’s management professor and director of the Center for Leadership and Change Management, and Robert Meyer, Wharton’s marketing professor and co-director of the Risk Management and Decision Processes Center, discuss the long-term implications of the ban on country’s business and education.

“The order cuts to the heart of what we stand for — who we are — in ways that many people find unacceptable,” explained Useem.

He added that when combined with Trump’s proposal of a 20 percent tariff on Mexico imports and several other free trade issues, it could make many company executives start to wonder if the U.S. is living up to its business-friendly reputation.

Meyer also emphasized that the country’s image as “the world leader in higher education” is under threat, as the impact “spills over to whether the U.S. will become a tougher place to get a good education.”

He noted that several universities have already expressed their concerns over faculty and students who are from the seven affected countries.

Listen to the entire podcast at Knowledge@Wharton by clicking here.

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Top photo credit: Fibonacci Blue Protest via photopin (license)



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