00:00President Donald Trump announced a sweeping new $100,000 fee on H-1B visa applications,
00:06targeting new applicants in a move that could redefine the future of U.S.'s tech and finance
00:11workforce.
00:12Major companies like Amazon, Microsoft, Goldman Sachs, and J.P. Morgan have all urged visa
00:18holders to stay in the U.S., while foreign governments like India and South Korea are
00:23assessing the humanitarian and economic fallout.
00:26The White House defended the policy as a way to curb system abuse and protect U.S. workers,
00:31but critics warn of widespread disruption to families and U.S. innovation.
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