(CNN) — President Donald Trump signed an executive action on Friday to impose a $100,000 application fee for H-1B visas — in an effort to curb what his administration says is overuse of the program.

“We need great workers, and this pretty much ensures that that’s what’s going to happen,” Trump said from the Oval Office, where officials detailed how the measure would incentivize companies to employ American workers while still providing a pathway to hire highly skilled foreign workers in specialized fields.

The proclamation will restrict entry under the program unless accompanied by the payment.

In a separate order, Trump also directed the creation of a “gold card” immigration pathway that he said would fast-track visas for certain immigrants in exchange for a hefty fee. The policy will

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