VIDEO: TRUMP SIGNS NEW ORDER ON H-1B VISA HIRING; BIG BLOW TO INDIAN IT PROFESSIONALS - REPORT!   

US President Donald Trump signed an executive order preventing federal agencies from contracting or subcontracting foreign workers. The order was mainly for those on H-1B visa from hiring. 

This news comes as a huge blow to Indian IT professionals, who have been eyeing and currently are looking up at the US job market. 

This big announcement comes days after the Trump administration on June 23 suspended the H-1B visas along with other types of foreign work visas until the end of 2020 to protect American workers in a crucial election year. Meanwhile, the new restrictions took effect from June 24. 

As per NDTV reports, the H1B visa, which is the most sought-after among Indian IT professionals, allows US companies to employ foreign workers in speciality occupations. Not just that, even the technology companies depend on H1B visas to hire thousands of employees each year from countries like India and China.

"Today I am signing an executive order to ensure that the federal government lives by a very simple rule, higher American," Trump told reporters in the Oval Office of the White House before signing the order against hiring H1B visa holders for federal contracts.

"As we speak, we're finalising the H-1B regulation so that no American workers be replaced ever again. H-1B should be used for top highly paid talent to create American jobs, not as inexpensive labour programmes and destroy American job," added Trump. He was seen surrounded across the Cabinet Room table with individuals campaigning against job outsourcing.

While speaking to the media, Trump also stated that his administration will not tolerate firing of hardworking Americans in the pursuit of cheap foreign labour.

As per reports, the executive order requires all federal agencies to complete an internal audit and assess whether they are in compliance with the requirement that only US citizens and nationals are appointed to the competitive service. Meanwhile, as per the White House, Trump's actions will help combat employers' misuse of H-1B visas, which were never intended to replace qualified American workers with low-cost foreign labour.

"We are going to be discussing very shortly an immigration bill, which covers this and many other things. It will be a very, very comprehensive bill. It's a word that some people love, and some people hate. But it'd be very comprehensive only in the sense that it covered just about everything. It will be based on merit. It will cover territory that nobody would have thought could have ever been agreed to," Trump said. 

Regarding the bill, Trump said, it will be signed after the convention.

"Immigration will be very merit based, but it'll be, it'll be great for the worker. And it'll be great for people coming into our country, but coming into our country legally and loving the country and wanting to help our country as opposed to people coming in. And they don't like our country," Trump finally added. 

Watch the video below: 

"Today, I am signing an executive order to ensure that the Federal government lives by a very simple rule: Hire American." 🇺🇸 pic.twitter.com/G8YGU99XMb

— The White House (@WhiteHouse) August 3, 2020

President @realDonaldTrump: "We're finalizing H-1B regulations so that no American worker is replaced ever again." pic.twitter.com/aQs53zPiso

— The White House (@WhiteHouse) August 3, 2020

Immediately after President Trump's remarks, the CEO of the Tennessee Valley Authority signaled willingness to reverse a terrible decision that would have ousted 200+ highly skilled American workers and replaced them with lower-wage foreign workers. pic.twitter.com/1aAYpUNxmP

— The White House (@WhiteHouse) August 3, 2020

"We're not just solving your problem," Vice President @Mike_Pence said to the workers gathered at the White House today.

"What the President's committing to today is to end the abuse of our worker visa program, once and for all." pic.twitter.com/4xYh31SWcq

— The White House (@WhiteHouse) August 3, 2020