[1] https://corporate.walmart.com/suppliers/investing-in-america...
Like with the H1-B cap discussions there were murmurs about some time back (Not actually reducing the cap, but instead priority-weighting it by salary instead of difficulty to fill the position, something that'd actually _hurt_ US workers in the positions they can actually compete and be paid well for) this change feels a lot more like a performative money grab than something that will actually change the economics.
Indian headcount is not 25% cheaper for the roles I've seen it used for. It is integer-N cheaper, where N can sometimes be >3-5. Additionally, there simply is not the functional, social, or business infrastructure to spin up a new 10k person business center overnight in the US, meaning that for many use cases even if individual labor is findable, it's not realistic in the same respect.
If anything my fear (and what I've observed thus far) is that businesses will see overseas staffing as critical enough that the cuts will come out of the highest cost center: US employment.
Companies can hire remote domestically, the talent exists in the US. There is no need to spin up hubs for thousands of people to drive to offices to Zoom from. If you want access to the market, you can hire in the market.