Visas are used principally by tech sector
Over 70% of beneficiaries of H-1B visas enter US from India
Latest move in Trump's broader immigration crackdown
SAN FRANCISCO/WASHINGTON, Sept 19 (Reuters) - The Trump administration said on Friday it would ask companies to pay $100,000 per year for H-1B worker visas, potentially dealing a big blow to the technology sector that relies heavily on skilled workers from India and China.
Since taking office in January, Trump has kicked off a wide-ranging immigration crackdown, including moves to limit some forms of legal immigration. The step to reshape the H-1B visa program represents his administration's most high-profile effort yet to rework temporary employment visas.Read about innovative ideas and the people working on solutions to global crises with the Reuters Beacon newsletter. Sign up here. "If you're going to train somebody, you're going to train one of the recent graduates from one of the great universities across our land. Train Americans. Stop bringing in people to take our jobs," U.S. Commerce Secretary Howard Lutnick said."
Absolutely. I've seen so many H1-B's doing run of the mill IT work. In the past, some job adds said "H1-B preferred." That's on top of all the Indian outsourcing.
It looks like Trump is one again making it expensive to use a foreign asset to encourage use or development of local assets. If they're truly talented and rare, then the $100,000 will be worth paying. I could see the A.I. field doing that since they're already doing it. Many will consider hiring or training Americans.