U.S Visa Curbs See Firms Hire More Workers in Overseas Units

This photo illustration shows a visa stamp on a foreign passport in Los Angeles on June 6, 2020.Photographer: Chris Delmas/Getty Images

After Covid-19 saw millions of Americans lose their jobs and raised the unemployment rate to the highest since the Great Depression era, President Donald Trump responded by putting up barriers to restrict supply of a key commodity: skilled foreign labor.

Arguing that the entry of some workers “presents a significant threat to employment opportunities for Americans affected by the extraordinary economic disruptions” caused by the virus, Trump on June 22 ordered a ban on new green cards and work visas through the end of the year.