WASHINGTON, D.C. –The United States Hispanic Chamber of Commerce (USHCC) stands in support of the federal ruling that protects the legal status of 240,000 immigrants with Temporary Protected Status (TPS).
TPS is a humanitarian program established in 1990 that helps migrants living in dire circumstances seek refuge in the United States. TPS holders escaped war and natural disaster in their countries of origin and have since become integral members of the American economy and society. On average, they have lived in the United States for 19 years and are employed at high rates—69.2 to 83.5 percent.
In Spring 2018, President Trump announced that he would eliminate TPS for immigrants from El Salvador, Haiti, Nicaragua and Sudan, requiring that they leave the United States by July 2019. According to the Center for American Progress, if TPS holders from these countries are forced to leave the U.S., the American economy will lose $164 billion in GDP over the next decade. In addition, employers of TPS holders will be forced to pay $967 million in turnover costs.
“The USHCC agrees with the injunction that is protecting TPS holders,” said Ramiro Cavazos, USHCC President & CEO. “However, this ruling is only a temporary solution. We believe that permanent legal status should be granted to the families that have been living and working in the United States for decades, helping our economy grow and making our country stronger.”
The USHCC actively promotes the economic growth, development, and interests of more than 4.37 million Hispanic-owned businesses, that combined, contribute over $700 billion to the American economy every year. It also advocates on behalf of 260 major American corporations and serves as the umbrella organization for more than 200 local chambers and business associations nationwide. For more information, please visit ushcc.com. Follow us on Twitter @USHCC.