The Donald Trump administration’s decision to impose a $100,000 fee on new H-1B visa applications could sharply curtail immigrant work authorisations in the United States, with JPMorgan Chase & Co. economists estimating an annual reduction of more than 66,000 approvals, Bloomberg reported.

A separate immigration expert cautioned that the fee hike- intended to prevent “program misuse" and prioritise American workers- could go further, effectively dismantling the H-1B system and eliminating as many as 140,000 new jobs each year in US companies that depend on foreign talent.

Indians Expected To Be Hit Hardest

Indian nationals, who account for the majority of H-1B recipients, are projected to bear the brunt of the new policy. Roughly 71% of all H-1B approvals in fiscal 2024 went to Indian w

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