This is great news for healthcare, academia, and engineering subdisciplines that don't have the margins to support a $100K per application fee.

That said, Trump's announcement has done lasting damage to tech hiring in the US because it's set a price floor for opening a GCC (Global Capacity Center), which subsidizes in the CEE (Central and Eastern EU States), Israel, and India can outcompete most of the US excluding the Bay and NYC where the preexisting ecosystem's network effect negates it's impact.

So your argument is we have to give American jobs to foreigners here in America or they’ll take them overseas? Pardon me if I’m not convinced

What's a GCC/CEE?

It's awful news for all of these, it vacates any attempts to force these industries to make themselves attractive for Americans.