Trump shows the way on working visa cuts

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Via Bloomie:

President Donald Trump plans to sign an order Monday temporarily halting access to several employment-based visas, affecting hundreds of thousands of people seeking to work in the U.S., a senior administration official said.

The order will freeze new H1-B, H-4, L and most J visas through the end of the year, the official said. The issuance of new green cards will also remain halted through the end of the year.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.