Trump’s $100,000 H-1B Visa Fee Sparks Controversy and Economic Concerns
Recent changes to the H-1B visa program announced by the Trump administration, including a dramatic $100,000 fee for skilled foreign workers, have sent ripples through the tech industry and beyond. Business leaders, including Jensen Huang and Sam Altman, have expressed concern that this move could put many tech startups in a difficult position. The fee hike has created anxiety among H-1B visa holders, with some detailing cancelled trips and fears for their futures. In response to the backlash, the Trump administration proposes a new visa process that may favor higher-skilled, better-paid workers and is working to eliminate misuse of the program. Meanwhile, India has raised its concerns about the impact on its skilled workers, who form a significant portion of H-1B visa holders. The ramifications of this policy change extend beyond immediate economic impacts, prompting discussions about U.S. immigration policy and its effects on international relations and talent mobility.
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