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Trump's order on foreign workers' visas cost firms $100 bn: Report
short by Kiran Khatri / on Friday, 23 October, 2020
US President Donald Trump's executive order, that banned issuance of H-1B and L-1 visas till December 31, caused Fortune 500 firms to lose over $100 billion, according to an American think-tank. "The order barred the entrance of nearly 200,000 foreign workers and their dependents," Brookings Institution said in its report. It will "slow down" the post-COVID-19 economic recovery, it added.
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