Overview

• The order takes effect on September 21 and applies to new petitions, with Commerce Secretary Howard Lutnick saying employers would owe $100,000 per year for up to six years per worker.
• The president also directed the Labor Department to begin revising prevailing‑wage rules for the H‑1B program.
• Trump signed a separate program offering residence through high‑priced investor visas, including a $1 million Gold Card, a $5 million Platinum Card, and a $2 million corporate option per employee.
• Reporters say the administration expects a sharp drop in H‑1B filings, a program heavily used by tech firms and by workers from India and China.
• It remains unclear whether the $100,000 charge replaces or adds to existing USCIS fees, and Amazon told some H‑1B staff to remain in or return to the U.S. before the order takes effect, according to an internal memo reported by Business Insider.