
– Advertisement –
H-1B Fee Hike – In the letter, industry organizations have urged the administration to improve the H-1B program, but not make changes that would create additional burden for companies.
US President Donald Trump’s decision to increase H-1B visa fees to $100,000 has American companies worried. Everyone is talking about the adverse effects this will have on America, but President Donald Trump and his officials are unwilling to listen. Now, nearly a dozen US industry organizations have written to the US government, urging them to reverse their decision.
The letter states that increasing visa fees will make it extremely difficult for companies to find skilled workers and will impose additional financial burdens on them. Industries will be devastated, and the US economy will be plunged into recession.
According to a Bloomberg report, in a letter sent to Trump on Friday, nearly a dozen industry organizations representing chipmakers, software companies, and retailers said that the new visa fees will deprive US companies of foreign talent and leave many key positions vacant.
The industry organizations that wrote the letter include representatives from major companies like Microsoft, Amazon, and Walmart. These companies have been dependent on the H-1B visa program for years.
Support for reform of the H-1B program
In the letter, industries urged the administration to reform the H-1B program, but not make changes that would be an additional burden for companies. “We want the administration to work with industry to make improvements, not exacerbate companies’ challenges recruiting, training, and retaining talent,” they wrote.
Groups like SEMI, the semiconductor industry organization, the National Retail Federation, the Business Software Alliance, and the Entertainment Software Association also signed the letter. They all made it clear that they are ready to work with the administration to make improvements, but the new fees could jeopardize companies’ talent supply chains.
The H-1B visa program is a lifeline for America’s technological and advanced sectors. Artificial intelligence (AI), biomedical engineering, and other cutting-edge fields require highly skilled foreign experts. Industry leaders say the new tariffs could slow growth in these sectors and impact America’s global competitiveness.
DA Hike : This state government announces a major 3% increase in dearness allowance, benefiting millions of employees and pensioners.
– Advertisement –
#H1B #Fee #Hike #ruined #Companies #wrote #letter #Trump #explaining #consequences #increasing #H1B #visa #fees #WhoWiki.org