Immigration Policy & Talent Acquisition - The discussion revolves around concerns regarding the potential negative impact of increased costs associated with H1-B visas on the US's ability to compete with countries like China in attracting skilled talent [1][2] - The proposed $100,000 cost for H1-B visas is viewed as a significant shift, potentially favoring wealthy companies and limiting access for individuals who are not rich or beholden to wealthy entities [1][5] - Concerns are raised that making the immigration system accessible only to the wealthy could undermine the US's historical strength as a nation built by immigrants and their descendants [1][2] - The current H1-B visa system requires sponsorship by a company that has already hired the individual, indicating a structured process, but the added cost creates an unfair advantage for wealthier companies [4][5] Geopolitical Competition - The US's ability to compete with China is questioned, particularly regarding attracting talent, as China is perceived as more welcoming without similar cost barriers [2] - Selling NVIDIA chips to China is questioned in the context of competing with China [1] Legal & Executive Authority - Executive actions, such as raising H1-B visa costs, may lack the long-term impact of legislation passed through Congress [4] - The legality of raising costs on a whim by the President is questioned [3]
States Suing Over Trump's $100,000 H-1B Visa Fee
Bloomberg Television·2025-12-12 19:47