WASHINGTON: US President Donald Trump plans to introduce a brand new US$100,000 utility charge for H-1B employee visas as a part of his broader immigration crackdown, Bloomberg Information reported on Friday (Sep 19).
Bloomberg cited a White Home official aware of the matter. Reuters couldn’t instantly confirm the report.
Based on the report, Trump was anticipated to signal a proclamation as early as Friday limiting entry below the H-1B programme until the applying charge is paid. He additionally deliberate to order adjustments to prevailing wage ranges for H-1B visas to additional restrict their use.
IMPACT ON TECH SECTOR
The H-1B programme is extensively utilized by know-how and staffing firms to fill specialised technical roles. Amazon had greater than 10,000 H-1B visas accepted in 2025, whereas Microsoft and Meta Platforms every had over 5,000 approvals, in line with US Citizenship and Immigration Providers.
Shares of Cognizant Expertise Options, an IT providers firm closely reliant on H-1B staff, fell greater than 5 per cent on Friday.
