Trump's H-1B visa changes have business groups on eggshells

Core Points - The Trump administration has implemented a significant change to the H-1B visa program, introducing a one-time fee of $100,000 for skilled foreign professionals, which has raised concerns among businesses and employees [2][6]. - Influential business groups, including the U.S. Chamber of Commerce and the Business Roundtable, have expressed concern over the implications of the new fee but have remained cautious in their public responses to avoid potential backlash from the administration [3][4]. - Business executives, including JPMorgan Chase's CEO Jamie Dimon, were caught off guard by the sudden announcement and are seeking clarity on its implications, emphasizing the importance of merit-based immigration [5][6]. Industry Impact - The new fee is expected to disproportionately affect smaller companies, potentially hindering their ability to attract top global talent [5]. - The Labor Department has indicated a broader crackdown on companies that misuse the H-1B program, launching "Project Firewall" to prioritize American workers in hiring processes [6][7]. - Despite initial confusion and concern, the White House has clarified that the fee will only apply once and will not affect renewal petitions, indicating a commitment to the changes [6].