Nicolás Mariscal, member of the Advisor board and chairman of Grupo Marnhos in Mexico City: “It was former President Joe Biden who helped lower unauthorized crossings into the United States. Nevertheless, it is ironic that President Donald Trump won the presidential election precisely by promising to curb migration flows. This is a complex issue, as migrants are needed for the U.S. economy, although it is a polarizing political issue. Several variables explain the decline in migrant encounters: first, more security forces at both the southern U.S. and Mexican border; second, strong signals sent by the U.S. government that unauthorized crossings were not going to be tolerated; and third, mobile applications, but forwarded by the U.S. authorities to make appointments. Economists have widely declared that restrictions on migration flows will have inflationary pressures on the U.S. economy. And it makes sense, as tight labor markets push wages upwards and, with it, prices on a broad range of…”