In my opinion, the Trump administration is using the tactic that they have been going after for years since the 2016 election: to tighten the immigration system in the US. If this is a case, the economy will be hurt significantly since a big amount of the workforce in the US depends heavily on immigrants. Additionally, some firms will find it hard to maintain their operations, which means they do not have enough resources to provide their customers with the optimum products and services.
Immigrants significantly contribute to the overall economy, especially filling up "holes" in the chain from executive to labor-based positions.
Source: https://www.wsj.com/articles/trump-administration-pushes-to-extend-coronavirus-immigration-limits-11588935603?mod=hp_lead_pos4
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