Overview
- President Trump imposed a $100,000 fee on H‑1B visa petitions that will apply to future applicants.
- The White House said the charge is a one-time payment for new petitions beginning with the next lottery, not renewals or re-entry by current holders.
- Jamie Dimon called the move "out of the blue," said JPMorgan will engage policymakers, and stressed that the U.S. must remain attractive to global talent; the bank is a leading H‑1B sponsor.
- Major employers including Microsoft, Amazon, JPMorgan and Meta issued advisories to visa holders as they evaluate operational impacts.
- The policy shift lands during U.S.–India trade strains, with Commerce Minister Piyush Goyal holding talks in Washington.