Trump’s $100,000 H-1B visa fee could hurt US growth, economists warn
by Lauren Almeida from on (#7071Z)
Move is a blow to big tech companies, which rely heavily on visas to hire staff from overseas, particularly India
Donald Trump's decision to impose a $100,000 (74,096) fee on H1-B visas for skilled foreign workers could hurt US economic growth, economists have warned.
Trump signed a proclamation on Friday introducing the application fee for the H-1B visa, 60 times the current cost, in a move designed to encourage companies to hire more American workers.
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