The Trump administration announced Friday that H-1B visas will now come with a $100,000 annual fee, but the White House says it will only apply to new visa applicants.
Archived version: https://archive.is/20250920192927/https://www.politico.com/news/2025/09/20/donald-trump-h1b-visas-overhaul-00574345
Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.
It’s a bad thing for america, good for all the countries that have experienced significant poaching of talent by the US, IMO.
How many geniuses from the global south get imported into the US for better wages
I think that you and /u/hector@lemmy.today are both right. The effect depends on the quality of talent that gets imported.
Importing top talent gives the US a competitive edge. Importing average people floods the labor market, depressing wages. This increases social division, adding to the profits of the capitalist class, but reducing the purchasing power of the median household.
Removed by mod
Re-read what I wrote, it’s beneficial for every other country
Removed by mod