WASHINGTON —
President Donald Trump is overhauling a visa program intended for high-skilled workers by hiking the application fee to $100,000 annually from $215.
It's the latest step from the Trump administration aimed at limiting legal immigration. The move could shake up hiring strategies in major industries like technology, finance, health care and higher education.
The H-1B visa program aims to bring in foreign workers for high-skilled, hard-to-fill jobs. Historically, these visas have been awarded through a lottery system.
Opponents argue that businesses are abusing the program to pay overseas workers lower wages. At a press conference on Friday, Commerce Secretary Howard Lutnick said the steeper application fee will incentivize companies to hire Americans instead. He predicted pr