Wharton Experts Warn That Immigration Ban Could Harm Economy

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Immigrants
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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