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US President Donald Trump's new $100,000 fee for H-1B visas for skilled foreign workers could cost US employers an estimated $14 billion annually. While initially causing airport chaos, the White House clarified the fee applies only to new applicants from February's lottery, not current holders. The move aims to encourage hiring of American workers, though it faces legal challenges and criticism from tech leaders who see it as harming innovation. Companies are considering legal action and exploring alternative visa options, while some support the fee as a way to ensure only highly skilled workers are sought.

Prepared by Christopher Adams and reviewed by editorial team.