Trump’s $100,000 H-1B Visa Fee Hits Indian IT Stocks—Google And Microsoft Also Slip In Premarket
NegativeFinancial Markets

The recent announcement of a $100,000 H-1B visa fee by Trump has negatively impacted Indian IT stocks, which fell over 3% on Monday. This news is significant as it highlights the challenges faced by the Indian tech industry and raises concerns about the future of skilled labor mobility between countries. Major U.S. tech companies like Google and Microsoft also experienced slight declines, indicating a broader market reaction to these changes.
— Curated by the World Pulse Now AI Editorial System