President Donald Trump on Friday announces a new $100,000 fee on H-1B visa applicants, potentially leading to a worker shortage in technology and professional sectors. Andrew Harnik/Getty Images

President Donald Trump’s latest effort to overhaul America’s legal immigration system — raising the annual fee on H-1B visa applicants from $215 to $100,000 — could deal a major blow to some US industries that rely on skilled foreign workers.

During a signing at the Oval Office Friday, Trump argued that America needs “great workers” and that the newly imposed fee “pretty much ensures that that’s what’s going to happen.” Administration officials also claimed the hefty fee would incentivize companies to hire American workers.

“The company needs to decide … is the person valuable enough to ha

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