During his first term, Trump said that he preferred a weak dollar and disliked Powell. , the dollar may begin to come under pressure.
. If the market believes that the Fed’s monetary policy will not respond to the potential inflationary impact of fiscal expansion and tariffs, it will be unfavorable for the US dollar.
. The U. technology industry is highly dependent on imported labor. Currently, talent gaps in fields like software development, CS, engineering, etc. are mostly filled by Indian workforce. With the help of HB, executives singapore phone number list can allow these foreigners to come to the United States temporarily to work for them. According to USCIS data, technology giants such as Amazon, Google, Meta and Microsoft are all major users of HB visas.
Census data shows that the number of software developers in the United States has quadrupled from to , reaching . million. During the same period, the number of computer scientists grew more than sevenfold, to . million. Most of them are native American workers, but the proportion of foreign workers has more than doubled to .
The most fundamental reason why Musk supports HB is that he can have absolute control over his employees. It has long been reported that he dislikes the traditional hour work week and often requires Tesla employees to work hours a week. The HB visa happens to be another way to motivate employees to work harder and more effectively. Perhaps this is not just true for Tesla, but for major technology companies as well.