We need good workers, and this is almost certain to happen, Trump said from the White Houses Oval Office.
At the event, US officials presented in detail how to implement measures to encourage US labor recruitment companies, while still creating conditions for recruiting highly skilled foreign workers in professional fields.
In a separate decree, President Trump also directed the creation of a "yellow card" immigration roadmap that quickly grants visas to certain immigrants in exchange for a large fee.
This policy will speed up the process of issuing visas to foreigners for 1 million USD, and at the same time allow a business to pay 2 million USD to speed up the process of issuing visas to foreign workers guaranteed by the company.
These moves mark the latest effort by the Trump administration to tighten immigration and place new severe restrictions on foreigners allowed to enter the country.
The new policy is expected to have a significant impact on industries that rely heavily on H-1B labor.
The H-1B visa is a labor visa that is valid for 3 years and can be extended for another 3 years.
There are 65,000 H-1B visas issued annually, with another 20,000 issued to those with advanced degrees from American higher education institutions.
Many companies use H-1B visas to recruit personnel. But technology is the field that is most often associated with H-1B. Technology companies need an H-1B program to recruit talent they cant find in the US.
