News Summary

• The White House announced the new fee on Friday, prompting some major US tech firms to advise visa holders to either remain in the country or return there quickly.
• The new fee marks Washington’s most high-profile attempt to overhaul the country's temporary employment visa system.
• The industry body said the one-day deadline for the new policy created "considerable uncertainty for businesses, professionals, and students across the world" The new policy could have "ripple effects" on the US innovation ecosystem and on global job markets, it said.