The Trump administration's decision to impose a $100,000 fee on new H-1B visa applications could reduce immigrant work authorisations in the US by over 66,000 annually, according to an analysis by JPMorgan Chase & Co economists, Bloomberg reported. A separate expert warned that this fee hike, intended to prevent "program misuse" and prioritise American workers, could effectively dismantle the H-1B system, potentially eliminating up to 140,000 new jobs each year in US companies that rely on skilled foreign talent.

Indian workers, who make up the majority of H-1B visa recipients, are expected to be hit the hardest by this policy change, given that about 71% of H-1B approvals in fiscal year 2024 were granted to Indian nationals, particularly in technology-related fields.

While the r

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