President Donald Trump has announced changes to the H-1B visa program. Starting Sunday at midnight, there will be a new $100,000 fee for applying to the visa program. The change was made public on Friday evening in the Oval Office, where Trump and Commerce Secretary Howard Lutnick discussed the move. When asked if the policy would apply to existing visa holders, Lutnick seemed to say yes.
The H-1B visa is a popular pathway for foreign professionals to enter the US tech industry. The new fee will significantly increase costs for those seeking to obtain a visa through this program.
Source: https://www.wsj.com/politics/policy/the-frantic-race-back-to-america-for-a-plane-full-of-h-1b-tech-workers-07bf65f6