President Trump reportedly will sign executive order temporarily suspending work visas for H-1B holders

President Donald Trump is expected to sign an executive order temporarily halting work visas like the H-1B visa program for highly skilled workers, cutting off a critical source of foreign labor for tech companies already complaining about tech talent shortages, according to reports in media outlets including The Wall Street Journal and The New York Times.
Visa-holders already in the US and those applicants who have received a visa already are exempt from the ban. But the restrictions are intended to last until the end of the year, which would disrupt the government’s typical process of awarding new visas at the beginning of the national fiscal calendar in October.
Officials from the Trump Administration told the Journal that the move is intended to protect American jobs, but executives in the technology industry have long warned that visa restrictions would hurt the nation’s ability to compete in industries that have both strategic and financial significance as engines of economic growth.