Visa Shock! Trump Demands $100,000 per H-1B Visa! Are Companies Like Amazon Facing a Shutdown in Access to World-Class Talent?

With his announcement to impose a fee of $100,000 on H-1B visas, Donald Trump has triggered a storm in the tech world. Companies like Amazon (i)(AMZN), Microsoft (i)(MSFT), and Google (i)(GOOG/GOOGL) may lose access to highly skilled workers, while India, as the largest beneficiary of the program, could be particularly hard hit. The decision raises the question of whether the U.S. is jeopardizing its top position in the global competition for talent. International professionals as the backbone of the U.S. tech industry The U.S. economy, especially...