President Donald Trump 's announcement of a new $100,000 fee on H-1B visas caused a flurry of confusion among companies that use the visa program, as well as among immigrant workers and countries around the world, as they tried to gauge its impact.

Here’s what we know about the new changes and how they will affect the industries that rely on the visa program to bring in high-skilled workers.

What's an H-1B visa?

The H-1B visa is a legal immigration program that allows U.S. employers to temporarily hire skilled foreign workers in "specialty occupations" across health care , tech and finance industries , among other STEM-related fields.

For the purposes of the visa program, a “specialty occupation” is defined as a job that requires at least a bachelor’s degree or higher and

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