By Aditya Soni and Echo Wang SAN FRANCISCO/NEW YORK (Reuters) -The Trump administration's hefty new visa fees for H-1B workers have prompted high-level talks inside companies in Silicon Valley and beyond on the possibility of moving more jobs overseas - precisely the outcome the policy was meant to stop. U.S. President Donald Trump on Friday announced the change to the visa program that has long been a recruitment pathway for tech firms and encouraged international students to pursue postgraduate cours ...

Here’s what you need to know about recent changes to the H-1B visa program https://t.co/PhihYRYF6N ...

The Trump administration looks set to revamp the H1B visa program, raising the application fee to $100,000 and potentially upending one of the country's signature immigration policies. But what exactly is this program and who does it serve. The H-1B visa allows US employers to hire foreign professionals in so-called specialty occupations, jobs that require at least a bachelor's degree, often in fields like computer science, engineering, or medicine.The idea is to fill labor shortages in areas where US worke ...

HSBC Holdings Plc said the increase in visa costs for foreign employees in the US is “manageable” for the lender as it has fewer workers there than some of its peers or major technology companies.“We don’t have a huge amount of visa holders,” Michael Roberts, who heads the British lender’s corporate and institutional banking division, told Bloomberg Television in an interview on Monday. “For us, it is manageable.” It may be a “much bigger issue” for other financial services companies and tech firms he added ...

Core Insights - India's $283 billion information technology sector must revise its long-standing strategy of rotating skilled talent into U.S. projects due to the new $100,000 fee for H-1B visas imposed by U.S. President Donald Trump [1][2] Group 1: Impact on the IT Sector - The sector generates approximately 57% of its total revenue from the U.S. market and has historically benefited from U.S. work visa programs [2] - India accounted for 71% of approved H-1B visa beneficiaries last year, significantly outpacing China, which had 11.7% [2] - Trump's changes will compel IT firms to pause onshore rotations, increase offshore delivery, and hire more U.S. citizens and green card holders [3] Group 2: Industry Reactions - Industry body Nasscom indicated that the new visa fee could disrupt America's innovation ecosystem and business continuity for onshore projects [5] - Experts predict that the changes will constrain client-facing roles, negatively impacting IT deal conversion and extending project timelines [6] - Immigration lawyers reported a surge in inquiries due to confusion surrounding the new visa fee, which they deemed excessive [7]

Trade Relations - India's Commerce and Industry Minister, Piyush Goyal, is visiting the U.S. to discuss a "mutually beneficial" trade agreement aimed at resolving tariff tensions, particularly regarding U.S. tariffs on Indian goods and oil imports from Russia [2][4] - The U.S. has imposed a 50% tariff on most Indian goods and an additional 25% tariff on Russian crude oil purchases, significantly affecting Indian exporters in labor-intensive sectors [3][4] - The goal is to finalize a bilateral trade agreement by autumn 2025, with a target to increase bilateral trade from $191 billion to $500 billion by 2030 [4] H-1B Visa Policy - A new executive order by U.S. President Donald Trump imposes a $100,000 one-time fee for H-1B worker visas, causing confusion among visa holders, particularly from India and China [5][6] - Major tech firms have advised employees to return to the U.S. before the deadline due to fears of potential re-entry restrictions [5][6] - The administration claims the H-1B program has been exploited to lower wages, while supporters argue it is essential for attracting skilled talent [6] Automotive Industry - Mitsubishi Motors achieved a significant victory in the Asia Cross Country Rally 2025, outperforming Toyota despite budget constraints [10][11] - This win marks Mitsubishi's first rally triumph in three years and highlights the company's strategic improvements under financial pressures [11]