Trump Plans $100,000 Fee for H-1B Visas Amid Immigration Overhaul
In a significant move affecting the H-1B visa program, reports indicate that Trump is considering imposing a new fee of $100,000 for all H-1B visa applications. This proposal has sparked concerns among technology companies, with stocks of major firms like Infosys and Wipro showing volatility in response to the announcement. The plan is part of a broader crackdown on immigration policies, as the administration aims to reform the visa process. Observers are closely monitoring the implications of this fee on foreign workers and businesses reliant on skilled labor.
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