India's Skilled Workers and IT Shares React to Trump's H-1B Visa Fee Increase
TL;DR Summary
Indian IT shares declined due to concerns over U.S. President Trump's proposed $100,000 fee for H-1B visa applicants, which could impact the industry and investor sentiment.
- Indian IT shares fall over fears from Trump’s H-1B visa fee rise Financial Times
- Europe markets set for mixed open as investors assess Trump’s visa crackdown CNBC
- India sends more skilled workers to the US than any other country. Trump’s visa hike has sparked panic CNN
- H-1B FAQ USCIS (.gov)
- New H-1B visa fee will not apply to existing holders, official says Axios
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