Trump hits H1B visas with $100,000 fee, targeting the program that launched Elon Musk and Instagram | TechCrunch

News Source : TechCrunch
News Summary
- President Trump signed a proclamation requiring employers to pay a hefty $100,000 fee for new H-1B visa applications.
- The administration’s new move is designed to crack down on what it calls widespread abuse of the program, which it blames for displacing American workers.
- Amazon, Google, and Microsoft have reportedly told employees with H- 1B visas to avoid foreign travel and remain in the United states for now.
- The restrictions take aim at a program that helped create some of the region's biggest success stories.
President Trump just made it a lot more expensive for companies to hire foreign workers through the H1B program. The White House announced Friday that Trump signed a proclamation requiring employers [+3804 chars]