H-1B visa fee soaring raises concerns, the U.S. technology industry faces an "earthquake".
President Trump recently signed a proclamation raising the fee that companies must pay for H-1B visa applicants from thousands of dollars to $100,000. He stated that this is to ensure that the United States is bringing in highly skilled individuals who cannot be replaced by Americans. The sudden increase in visa fees has caused confusion, leading many H-1B visa holders to cancel their travel plans. Some companies have sent urgent notices to their employees advising them to return to the U.S. before the new policy takes effect and to avoid leaving the country temporarily. Analysts have pointed out that this move by the Trump administration will have a significant impact on the U.S. technology industry.
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