JP MORGAN CHASE(US:JPM) Ge Long Hui·2025-09-22 04:31Core Insights - India stands out as a "bright spot" in a challenging global economic landscape, driven by strong domestic growth and limited reliance on exports [1] - Despite facing issues such as tariffs and H-1B visa challenges, India is perceived to hold a favorable position overall [1] Economic Context - The CEO of JPMorgan Asia Pacific, Li Shengd, highlighted that India has been impacted by U.S. government policy changes, particularly regarding tariffs and visa regulations [1] - India's 25% reciprocal tariff on Russian oil has been doubled due to U.S. policies, indicating a significant economic challenge [1] Visa Policy Impact - Recent U.S. policy changes include an increase of $100,000 in entry fees for new H-1B visas, which predominantly affects Indian applicants, who make up over 70% of such visa holders [1] - However, it is noted that this fee does not apply to existing H-1B visa holders, providing some relief [1]