While on the campaign trail, Trump threatened retribution against some tech companies, including jailing Meta's chief, Mark Zuckerberg.
"That is likely to have devastating consequences for US tech companies that sell in foreign markets as well as crippling domestic consumption."
Hay said that while most presidents wouldn't have any say on existing cases, "Trump is a bit more of a wild card."
AdvertisementBut still, he said, new guidelines wouldn't have much impact on the biggest tech companies.
There are fears that if H1-Bs are restricted under the second Trump administration, the US could lose its competitive edge on the world stage.
Persons:
Donald Trump, —, Trump, Elon, marveling, — Musk, jailing, Mark Zuckerberg, Zuckerberg, Mark Lemley, Lemley, GlobalData's Neil Saunders, Chris Walton, Walton, there's, George Hay, Hay, wouldn't, Kamala Harris, Dan Romanoff, Joe Biden, Anna Rathbun, Biden, he's, Rathbun, James Brundage, Saunders, Valerie Wirtschafter, Harris, Romanoff, Wirtschafter
Organizations:
Trump, Big, Service, SpaceX, Big Tech, Google, Justice Department, Department, Barclays, Stanford Program, Law, Science & Technology, Business, Retail, Target, Apple, Cornell University, Republicans, Morningstar, AT, Time Warner, Republican, Walmart, Brookings, Artificial Intelligence, Emerging Technology Initiative
Locations:
Americas