economy
Trump's Other Tariff
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TL;DR
- The Trump administration implemented a $100,000 fee on new H-1B visas for workers outside the U.S.
- This fee is described as a "tariff on the importation of labor" and is predicted to harm the economy.
- The rollout of the fee was chaotic, causing panic and uncertainty among H-1B holders and employers.
- The fee does not apply to renewals, extensions, or amendments, but still impacts initial employment petitions.
- The policy is seen as a misguided attempt to restrict skilled immigration that mirrors the negative effects of previous tariffs on goods.