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The latest move by US President Donald Trump to revise the H-1B visa fee to USD 100,000 has expanded protectionist barriers against India, according to a report by Systematix Research.
The report said Trump's decision extends his anti-India trade offensives beyond the merchandise trade deficit and poses a fresh threat to India's USD 190 billion services export industry.
It stated "Trump's H-1B Firewall Expands US Protectionism Against India.....escalate US protectionism, targeting India's IT sector and threatening its USD 190 billion services export industry."
The research noted that the Trump administration's new H-1B visa restrictions, imposing a steep USD 100,000 fee, risk reshaping US-India economic ties and India's macro-