Source: Olga Nesterova on X/Twitter — Private front-end.
People also share that this is causing travel disruption:
Relevant: President Donald J. Trump Suspends the Entry of Certain Alien Nonimmigrant Workers
Source: Olga Nesterova on X/Twitter — Private front-end.
People also share that this is causing travel disruption:
Relevant: President Donald J. Trump Suspends the Entry of Certain Alien Nonimmigrant Workers
Technically yes, but if it keeps jobs in America it’s a much more worthwhile one.
The way it was done is ridiculous though. I’d rather have it stsy the same than this crap. Having a fee so companies can’t just outsource for cheaper labor is probably what’s been needed for a while though. $100k is too much and is basically never going to be worth it. And having it apply to everyone instantly is stupid as well.
It’s not a zero sum game. If you make the workforce more expensive guess what, your products gets more expensive, and thus less competitive so you’ll export less and the cycle continues. The production of competitive items will just shift to another country, and if you try to block that (say more tariffs) from coming to the USA, bravo you played yourselves and only now have access to inferior products.
Making it harder for people to move to the US to work is not going to keep jobs in America. It means companies are more likely to hire foreign talent as remote workers instead.
How would it do that? If anything, the opposite will happen. Instead of bringing skilled workers from other countries into the USA (which benefits the US as they pay US taxes and spend money in the US), companies will instead hire those same people to work at their other offices (London, Sydney, Singapore, wherever), or just outsource the work.
Well, I did say if. Not every company has international offices. And not all of those positions can be filled overseas either.