In a controversial move, Trump has introduced a $100,000 fee for skilled worker visa applicants, a decision that has raised concerns among big companies that have long depended on foreign talent. The US commerce secretary's call to 'train Americans' highlights a shift in focus towards domestic workforce development, but critics argue this could hinder innovation and growth in industries reliant on skilled labor. This policy change could significantly impact the tech and healthcare sectors, where skilled workers are in high demand.

President Trump has signed a proclamation imposing a $100,000 application fee for H-1B visas, a move that could significantly impact the technology sector which relies heavily on these high-skill work visas. This change is likely to create barriers for companies seeking to hire skilled foreign workers, potentially stifling innovation and growth in the industry.

Donald Trump has announced a significant increase in application fees for skilled foreign worker visas, proposing a hefty $100,000 fee. This move raises concerns about the impact on the labor market and the ability of companies to attract top talent from abroad. Many argue that such a high fee could deter skilled workers from coming to the U.S., potentially stifling innovation and economic growth.