"If you're going to train people, you're going to train Americans."
"If you have a very sophisticated engineer and you want to bring them in ... then you can pay $100,000 a year for your H-1B visa."
"it's just not economic anymore."
A proclamation sets a $100,000 annual visa fee for highly skilled foreign workers and creates a $1 million 'gold card' visa offering a path to U.S. citizenship for wealthy individuals. The changes raise H-1B costs from $215 and investor visa fees from $10,000–$20,000. H-1B visas require at least a bachelor’s degree for high-skilled roles and are used heavily by tech companies. Critics contend the program supplies overseas workers willing to accept salaries near $60,000, below typical U.S. tech pay. Commerce Secretary Howard Lutnick predicted fewer H-1Bs because the fees make them uneconomic and claimed major companies support the move. Legal challenges and criticism over bypassing Congress are expected.
Read at ABC7 Los Angeles
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