Immigration boosts innovation and wages in the US. The positive dynamic impact of immigration on innovation and wages dominates the short-run negative impact of increased labor supply. Increased immigration to the US since 1965 is estimated to have increased innovation and wages by 5%.

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The Washington Post reported that Apple’s CEO, Tim Cook, dumped $1m into Trump’s inauguration, cultivated relationships with Trump officials, and “refrained from publicly criticizing the president or his policies on national television” – just before securing tariff exemptions for his company’s products.