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Donald Trump's order on H-1B visas for foreign workers cost USD 100 billion: Report

Shortpedia

Content Team
Image Credit: Shortpedia

President Donald Trump's executive order restricting entry of skilled foreign workers into the US, mainly on H-1B and L-1 visas, has resulted in an estimated loss of USD 100 billion to companies and will have lasting negative impacts on firms here, according to a prominent American think-tank. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers.