> Using a novel cross-industry design and the 1999–2003 expansion of the H-1B visa cap for identification, we find that H-1B exposure raised incomes for natives and pre-existing immigrants, with gains concentrated in non-STEM occupations. Income gains propagate forward through supply chains to downstream industries but not backward to upstream industries, consistent with a productivity shock rather than a labor supply shock.
At least for now, the US court system has correctly called that out, and has blocked the attempt because it's not something a legitimate President can do.
It seems the case is Californa v. Mullin, and the latest status is that his staff have filed an appeal (2026-06-12) asking a higher court to undo their loss.