Trump’s $100,000 H-1B visa fee could hurt US growth, economists warn (www.theguardian.com)

submitted 8 months ago by MicroWave@lemmy.world to c/economics@lemmy.world

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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.

The increase represents a blow to big tech companies, which rely heavily on such visas to hire engineers, scientists and coders from overseas, particularly India.

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[-] prole 4 points 8 months ago

Yeah no fucking shit

[-] DarkFuture@lemmy.world 4 points 8 months ago

No shit.

Goddamn this country is dumb.

Hey foreigners, if you ever wanted to see what mass psychosis looks like, you can come here. But I'd recommend watching it from a distance.

[-] pearcake@sh.itjust.works 3 points 8 months ago

They left the avenue of converting from student visa to H1B visa open, which allows them to import cheap migrant labor as usual, and only applied 100k fee to real, skilled worker visas, which will be just outsourced now, lol. Stable genius of art of the deal strikes again.

[-] TrickDacy@lemmy.world 2 points 8 months ago

Do we even need economists to see that keeping qualified workers out would hurt the economy?

this post was submitted on 22 Sep 2025

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