this post was submitted on 22 Sep 2025
40 points (97.6% liked)

Economics

969 readers
35 users here now

founded 2 years ago
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] DarkFuture@lemmy.world 5 points 1 month 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.