This is probably for the best in the long term. They've added enough friction, insanity and disdain for foreigners that no sane person will immigrate and we can start to build stronger industries and trade relationships outside the US.
How is this good in any way?
How could this ever help to build stronger industries or trade relationships?
If somebody hands you a shit sandwich you don't need to pretend it tastes good.
Isn’t it better for the smart people in India to stay there and make India richer, instead of coming to the U.S. to make billionaires here richer? These countries absolutely suffer from the brain drain.
From what I could understand from the 6-page memorandum, (my paraphrase) "the law allows us to be nice and convenient, but doesn't require us to be nice and convenient, so we decided to make things hard and cruel going forward"
The current administration is sending a pretty clear message to immigrants.