H-1B Visa Fee: Mixed Economic Impact Predicted
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The Trump administration's $100,000 H-1B visa fee aims to boost domestic hiring. Economists offer mixed predictions, with some suggesting short-term gains for US tech workers but long-term economic slowdown. While some studies show H-1B workers increase company revenue and create additional jobs, others suggest they may depress wages for US counterparts. The administration argues the fee protects American workers from cheaper foreign labor, while critics counter that it hinders economic growth and job opportunities.
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