From CNBC.

President Trump announced plans to impose a $100,000 fee on new H-1B visa applications — a sharp increase from the current cost of a few thousand dollars. The proposal, aimed at encouraging companies to hire more American workers, could significantly impact tech firms that rely on skilled foreign talent. Supporters say it will reduce dependence on overseas labor, while critics warn it could stifle innovation and make it harder for companies to attract specialized workers.

Chapters:
0:00 Introduction
1:22 Changes to H-1B visa program
4:52 Impact on Big Tech and talent
7:16 What’s next?

Produced by: Jeff Huang
Edited by: Andrea Miller
Graphics by: Jason Reginato
Managing Producer: Anuz Thapa
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images, Reuters

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How Trump’s $100K H-1B Visa Fee Will Reshape Big Tech