Core Points - The new regulation signed by President Trump increases the annual fee for H-1B visa applicants from several thousand dollars to $100,000, effective from September 21 [1][4][6] - Major tech companies and universities in the U.S. have advised H-1B visa holders to remain in the country and avoid travel due to concerns about the new policy [2][4] - The White House clarified that the new fee applies only to future applicants and does not affect current visa holders or those already in the application process [4][6] Group 1: Impact on Tech Companies - Tech giants like Amazon, Google, Microsoft, and Meta rely heavily on the H-1B visa program to hire foreign employees, with Amazon alone having over 14,000 approved H-1B visas in the first three quarters of the fiscal year [2][7] - Companies have expressed concern that the increased fees may deter them from hiring foreign talent, potentially leading to a shift towards hiring domestic workers instead [6][7] Group 2: Reaction from India - India is the largest beneficiary of the H-1B visa program, with 71%-72% of the visas issued to Indian nationals, leading to significant concern within India's tech industry following the announcement [8] - The Indian government is assessing the full impact of the new fee structure and has urged the U.S. to consider the humanitarian consequences of the policy [8] Group 3: Broader Economic Context - The increase in H-1B visa fees and the introduction of a "golden card" program for wealthy immigrants are seen as attempts to address the U.S. government's fiscal challenges, with the national debt exceeding $37 trillion [15][16] - Analysts suggest that these measures may face legal challenges, as only Congress has the authority to set new visa fees [15][16]

Group 1 - Trump discussed potential deals with Iran during a conversation with Israeli Prime Minister Netanyahu, expressing optimism about the direction of negotiations [1] - Trump and Japanese Prime Minister Kishida Shobo held a 45-minute phone call discussing tariffs and security matters, agreeing to meet face-to-face during the G7 summit in Canada [1] - Trump has raised at least $600 million for the midterm elections, with a goal of $1 billion or more to gain control of both houses of Congress by November [1] Group 2 - The Trump administration has notified Harvard University to stop enrolling international students, revoking its SEVP certification, which affects current international students [2] - Trump's trade representatives are pressuring the EU to unilaterally reduce tariffs on U.S. goods, indicating potential for increased tariffs if no concessions are made [2] - The U.S. Supreme Court ruled that the Federal Reserve is unique among government agencies, alleviating concerns about Trump's ability to dismiss Fed Chairman Powell [2] Group 3 - The "Trump Gold Card" website, allowing for the purchase of U.S. permanent residency for $5 million, is set to launch soon, with significant interest from potential investors [3]