US President Donald Trump signed an executive order Friday restricting entry of H-1B workers unless their employers pay a $100,000 annual fee — a move that could dramatically alter the pipeline of Indian professionals to the United States.
He also introduced a “Gold Card” visa requiring million-dollar contributions, vowing both measures will protect U.S. jobs while raising billions for tax cuts.
Trump, flanked by Commerce Secretary Howard Lutnick, declared a new era for U.S. immigration policy, signing a proclamation that raises the cost of employing H-1B visa holders and introduces a new fast-track residency option for the global elite.
“The H-1B nonimmigrant visa program was created to bring temporary workers into the United States to perform additive, high-skilled functions, but it has been deliberately exploited to replace, rather than supplement, American workers with lower-paid, lower-skilled labor,” the proclamation stated.
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