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Forbes
7 hours ago
- Business
- Forbes
Trump AI Plan Omits Role Of Immigration And Foreign-Born Talent
Donald Trump holds up a signed executive order in the Oval Office on January 23, 2025. The Trump ... More administration's AI plan omits the role of U.S. immigration policy in providing American companies access to talent in cutting-edge fields. (Photo by) The Trump administration's AI plan omits the role of U.S. immigration policy in providing American companies access to talent in cutting-edge fields. The plan does not mention immigrants or international students, even though they compose a significant portion of America's researchers and entrepreneurs in artificial intelligence. The ability of U.S. universities to educate students and conduct research on AI is also not discussed. The administration's plan disregards the recommendations of the National Security Commission on Artificial Intelligence, which, in 2021, called for liberalizing U.S. immigration policy because of the central role of human capital in AI. The new AI plan does not mention efforts to encourage more U.S. students to study in AI-related fields, instead singling out jobs for electricians and 'advanced HVAC technicians.' The authors of the plan avoided any statements that would conflict with the Trump administration's policies aimed at restricting immigrants and international students. The Lack Of Immigration Or Education Recommendations In The AI Action Plan On July 23, 2025, the White House released the Trump administration's AI Action Plan, which was called for in Executive Order 14179. The plan contains policy recommendations that businesses support, including a light touch on federal AI regulations, discouraging states from enacting intrusive AI regulations and a pledge to streamline permitting for building data centers and power generation. It also contains recommendations on exporting AI to allies and partners, promoting open-source AI and building scientific datasets. The AI plan contains a glaring omission: The role of talented U.S.-born and foreign-born individuals in researching, developing and innovating in AI fields. The 23-page report gives the impression that artificial intelligence develops spontaneously and requires mostly data centers, power generation and occasional maintenance. The plan includes no mention of higher education, U.S. students, international students or the immigration of talented individuals to work in AI. The only occupations the plan singles out are jobs in infrastructure that do not require a college degree. 'To build the infrastructure needed to power America's AI future, we must also invest in the workforce that will build, operate, and maintain it—including roles such as electricians, advanced HVAC technicians, and a host of other high-paying occupations,' according to the plan. While important, it seems unlikely that America's place in the world on artificial intelligence rests on producing enough Heating, Ventilation and Air Conditioning technicians, nor is the training of such individuals usually considered a federal responsibility. The Trump administration's policies toward universities, international students and immigrants posed a dilemma for the authors of the AI plan. How could they recommend policies that, while sensible from an AI perspective, would be the opposite of the administration's other policies? The Trump administration has threatened the existence of Harvard, one of America's top research universities and removed research funding from several other higher education institutions. Trump officials attempted to deport thousands of international students for minor offenses, banned the entry of students to attend Harvard and stated an intention to end Optional Practical Training and STEM OPT, which economists say would be a significant blow to attracting world-class talent. An upcoming H-1B rule is expected to disadvantage international students who hope to gain H-1B petitions and build a career in the United States. Additional backstory helps explain the plan's omissions. In December 2024, Laura Loomer attacked Sriram Krishnan, now a senior policy adviser for AI at the White House, for past favorable comments about high-skilled immigration. Elon Musk defended Krishnan and stated his strong support for H-1B visas. After days of controversy, Donald Trump came down on Musk's side, despite his administration's restrictive first-term policies toward H-1B visas. Although Musk provided significant financial support to Trump's presidential election campaign, the two men have fallen out, and it's unclear whether past positive statements by Trump and Musk on H-1B visas mean anything today. In October 2023, the Biden administration issued an executive order on artificial intelligence. The non-immigration parts of the AI executive order were criticized as potentially leading to excessive regulation. However, businesses appreciated the immigration measures, which directed the Secretaries of State and Homeland Security to enact policies 'to attract and retain talent in AI and other critical and emerging technologies in the United States economy.' Favorable immigration policies resulted from the Biden executive order. Earlier guidance, issued in January 2022, proved of practical assistance in attracting and retaining high-skilled talent. Approvals for O-1A visas for individuals of 'extraordinary ability' and national interest waivers for employment-based green cards rose significantly after the guidance. Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence ... More Conference at SAP Center on March 18, 2024 in San Jose, California. (Photo by) The Immigration Recommendations Of The National Security Commission On Artificial Intelligence Research shows that immigrants and international students are vital to America's present and future development of AI. 'Immigrants have founded or cofounded nearly two-thirds (65% or 28 of 43) of the top AI companies in the United States, and 70% of full-time graduate students in fields related to artificial intelligence are international students,' according to a National Foundation for American Policy study, which I authored. 'Seventy-seven percent of the leading U.S.-based AI companies were founded or cofounded by immigrants or the children of immigrants. Forty-two percent (18 of 43) of the top U.S.-based AI companies had a founder who came to America as an international student.' A report from the White House Council of Economic Advisers published at the end of the Biden administration states, 'Between 40% and 60% of AI-related master's degrees have been awarded to non-U.S. citizens in the last 5 years. For Ph.D.'s, this share has been above 50% since 2003, most recently 59% in 2022.' (The figure may be higher if one defines 'AI-related' more broadly.) The economists who authored the study concluded that reforms 'could help increase the supply of top talent in the United States.' 'Immigration obstacles often prevent capable workers—including many graduates of U.S. institutions—from moving to or staying in the United States and supplying their talents in the U.S. workforce,' according to the economists' report. 'Among non-U.S. citizen AI Ph.D.'s who left the United States, over half cited immigration issues as relevant to their decision to leave.' The report notes 60% of foreign Ph.D. recipients in the U.S. say they have trouble staying compared to 12% of Ph.D. holders in other countries. The bipartisan National Security Commission on Artificial Intelligence released a final report to Congress in 2021. The commission recommended liberalizing U.S. immigration laws to allow the United States to attract and retain AI talent. In a section titled 'Strengthen AI talent through immigration,' the report concluded: 'Nations that can successfully attract and retain highly skilled individuals gain strategic and economic advantages over competitors. Human capital advantages are particularly significant in the field of AI, where demand for talent far exceeds supply. Highly skilled immigrants accelerate American innovation, improve entrepreneurship and create jobs.' While the Trump administration has tried to block more Chinese students from the United States, the AI commission recommended the opposite approach. "We looked at the question of how important are Chinese researchers for the AI effort, in our report, and it turns out the Chinese researchers are the number one authors on the key papers,' said former Google CEO and Chairman Eric Schmidt at a Congressional hearing. 'If you were to get rid of all of them . . . you will, in fact, hurt America's AI leadership.' Schmidt co-chaired the AI commission. The Trump AI plan discusses the importance of AI, biotechnology, defense and cybersecurity. The Department of Defense, in its Fiscal Year 2020 Industrial Capabilities Report, cited NFAP research and highlighted the need for a significantly larger number of individuals to work in software and other STEM fields in America. A recent Congressional advisory commission concluded that changing U.S. immigration laws would allow America to increase the number of biotechnology researchers. The biotech commission praised international students but warned about the shortcomings of America's immigration policies. 'These highly educated and credentialed biotechnologists have access to American research and intellectual property, they often generate pathbreaking inventions and they often go on to establish valuable startups,' according to the final report. 'But many do so outside of the United States, largely because U.S. immigration policy forces them to leave. This failure puts the United States at a strategic disadvantage.' Eighty-three percent of individuals with Ph.D.'s in computer and information sciences in the U.S. who perform research and development as a major work activity are foreign-born, according to an NFAP analysis. The foreign-born share is 80% in electrical and computer engineering. Research, reports and commissions conclude that foreign-born talent is crucial to America's AI present and future. The just-released AI Action Plan indicates that recommendations coming from the executive branch are unlikely to conflict with the Trump administration's immigration policies.
Washington Post
16-07-2025
- Business
- Washington Post
Faced with geopolitics and trade war, US companies in China report record-low new investment plans
WASHINGTON — American companies in China are reporting record-low new investment plans for this year and declining confidence in profits, while uncertainty in U.S.-China relations and President Donald Trump's tariffs have become their top concerns, according to a business survey released Wednesday. The companies are also challenged by China's slowing economy, where weak domestic demand and overcapacity in local industries are eroding profitability for the Americans.
South China Morning Post
16-07-2025
- Business
- South China Morning Post
US firms consider China market critical despite fraying relations, other issues, survey says
A new survey of American companies operating in China indicated that most of them consider the country's market critical despite fraying bilateral relations, tariffs, economic weakness and lost market share. Nearly all respondents participating in an annual US-China Business Council survey said they cannot remain globally competitive without their business in the world's second-largest economy, according to a report about the survey published by the advocacy group on Wednesday. This is despite the fact that a growing number of US firms report dropping sales, reputational damage and pressure on profitability in the face of growing geopolitical tensions and trade issues and stricter investment restrictions. Moreover, although leaving China is not viable for many American firms, the group said that fewer than half of survey respondents are optimistic about the future, given persistent concerns over tariffs, China's deflation and insufficient demand and policy uncertainty. The survey covered about 130 of the group's 270 member firms, most of which are large corporations that have been in China for over 20 years, and was conducted between March and May. Sean Stein, the trade group's president, in an interview with the Post called for current bilateral trade talks to address issues other than just tariffs and export controls. 'Now it feels like all of the negotiation oxygen is being taken up by tariffs and export controls … What we need to make sure is if both sides actually do want to have robust American investment in China,' he said.
CTV News
11-07-2025
- Business
- CTV News
Trade war with U.S. has not dampened foreign investors' appetite for Montreal
Foreign companies invested more money than last year in the greater Montreal area despite threats from U.S President Donald Trump. "Bonjour Montreal" in giant letters in front of downtown on July 6, 2023. THE CANADIAN PRESS/Ryan Remiorz MONTREAL — Foreign investment is on the rise in Montreal despite Canada's trade war with the United States. A Montreal economic development agency says the value of investment from foreign companies rose 55 per cent to $1.69 billion in the first six months of the year compared to the same period in 2024. Preliminary data from Montréal International says the agency this year supported 29 projects in the greater Montreal area that created 1,866 jobs with an average salary of $101,000. And despite tariffs imposed by U.S. President Donald Trump — and his recent threats to impose more — 46 per cent of foreign investment in Montreal so far this year is from American companies. Stéphane Paquet, CEO of Montréal International, says the uncertainty around immigration is hurting investment in the city more than the trade war is. Paquet says companies are looking for more stability in provincial and federal immigration policies so that firms can better predict labour market trends. --- Stéphane Rolland, The Canadian Press This report by The Canadian Press was first published July 11, 2025.
Yahoo
09-07-2025
- Business
- Yahoo
3 Dividend Kings You'll Wish You Bought Before 2025 Ends
When it comes to building long-term wealth, I've always been drawn to companies that reward patience with growing their dividend year after year. That's why I love companies on the Dividend Kings list. They are stocks that have raised their dividends for at least 50 consecutive years. And these are companies that have navigated themselves through recessions, periods of inflation, and other geopolitical issues, yet continue to deliver consistent payouts. Among the elite group of Dividend Kings, a few stand out not just for their history but for their strong fundamentals and potential for future growth. Up Nearly 20% in a Month, Is This Turnaround Dividend Stock Still a Buy in July? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. As we reach the halfway point of the year, you may be wondering which Dividend Kings have performed well since the start of 2025. Technical indicators, such as Barchart Opinion and Opinion Direction, and Wall Street's analyst consensus ratings of 'Moderate' and 'Strong Buy,' help us decide whether the stock is at or past its peak. With that out of the way, here are three of my favorite Dividend Kings that I believe are still worth buying today. Emerson Electric Company is an American multinational specializing in automation solutions for industrial, commercial, and residential markets. The company is known for its automation solutions, specifically for its Copeland Brand. Emerson is a Dividend King, having increased its dividends for 68 consecutive years. It pays a forward annual dividend of $2.11, translating to an approximate yield of 1.52%. EMR stock is also up 11.94% YTD. Barchart Opinion reports a strengthening direction for the stock, indicating a potential bullish run over the short (20-day) and medium (50-day) terms. Overall, the company has an 88% buy rating, representing a significant improvement from last month's 40% buy rating, and highlights why investors are buyingEMR stock right now. Meanwhile, a consensus among 24 analysts rate the stock a moderate buy. Walmart is a one-stop shop that primarily dominates retail here in the United States and Canada. Today, they operate as hypermarkets, department stores, and grocery stores and cater to our basic needs. It is no surprise that the company is on my list of favorite Dividend Kings as it offers a sense of stability while continuing to grow. Walmart has increased its dividends for 52 consecutive years, and today, they pay a forward annual dividend of $0.94, translating to a yield of 0.97% WMT's stock price is up 7.46% YTD, with the distinct possibility of additional gains in the second half of 2025, if Wall Street's strong buy rating and $120 high target is any indication. On the technical side, Barchart Opinion rates WMT stock a 72% buy overall, with moving averages indicating potential weakness over the short and medium terms. Still, I'm a long-term investor, and with that in mind, WMT stock still holds a 'Strong Buy' rating from analysts. That said, in the short term, WMT investors must expect the possibility of choppy price movements - and take advantage of them as a buying opportunity. S&P Global Inc. is a leading independent provider of information and analytics, popular for showing transparent and objective ratings, benchmarks, and data. The company operates across four main divisions: S&P Global Ratings, S&P Global Market Intelligence, S&P Global Platts, and S&P Dow Jones Indices. S&P Global Inc. is a Dividend King that has increased its dividends for over 50 years. Today, it pays a forward annual dividend of $3.84, yielding around 0.73%. Not the highest, but definitely one of the most stable investments with great potential. SPGI stock rose 5.69% YTD, roughly in line with the S&P 500's 5.85% performance over the same period. SPGI's Barchart Opinion score has also vastly improved, now sitting at an 88% buy - up from 40% buy over the last month, although the technical indicators forecast some resistance over the long term. Dividend Kings are known for their stability, but many do not recognize that you can still get in while they're cheap and capitalize on a bullish run. If you're looking for a stock that pays consistent dividends, like me, these three Dividend Kings could be a great addition to your portfolio. On the date of publication, Rick Orford did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
