Celebrity Demand Meets Mass Adoption

Some stars already use them. Now the door is opening for everyone else.

India expresses concern about Trump plan to hike fees on H-1B visas that bring tech workers to US

BARBARA ORTUTAY and SEUNG MIN KIM
September 20, 2025

WASHINGTON (AP) -- The Indian government expressed concern Saturday about President Donald Trump's latest push to upend American immigration policy, dramatically raising the fee for visas that bring tech workers from India and other countries to the United States.

The president on Friday signed a proclamation that will require a $100,000 annual fee for H-1B visas -- meant for high-skilled jobs that tech companies find hard to fill. He also rolled out a $1 million "gold card" visa for wealthy individuals, moves that face near-certain legal challenges amid widespread criticism he is sidestepping Congress.

If the moves survive legal muster, they will deliver staggering price increases. The visa fee for skilled workers would jump from $215.

India's Ministry of External Affairs said Saturday that Trump's plan "was being studied by all concerned, including by Indian industry.? The ministry warned that "this measure is likely to have humanitarian consequences by way of the disruption caused for families. Government hopes that these disruptions can be addressed suitably by the U.S. authorities.?

Critics say the H-1B visas undercut American workers

H-1B visas, which require at least a bachelor's degree, are meant for high-skilled jobs that tech companies find difficult to fill. Critics say the program undercuts American workers, luring people from overseas who are often willing to work for as little as $60,000 annually. That is well below the $100,000-plus salaries typically paid to U.S. technology workers.

Trump on Friday insisted that the tech industry would not oppose the move. Commerce Secretary Howard Lutnick said "all big companies" are on board.

Representatives for the biggest tech companies, including Amazon, Apple, Google and Meta, did not immediately respond to messages for comment. Microsoft declined to comment.

Lutnick said the change will likely result in far fewer H-1B visas than the 85,000 annual cap allows because "it's just not economic anymore."

"If you're going to train people, you're going to train Americans," Lutnick said on a conference call with reporters. "If you have a very sophisticated engineer and you want to bring them in ... then you can pay $100,000 a year for your H-1B visa."

Trump also announced he will start selling a "gold card" visa with a path to U.S. citizenship for $1 million after vetting. For companies, it will cost $2 million to sponsor an employee.

Trump offers "Platinum Card''

The "Trump Platinum Card" will be available for $5 million and allow foreigners to spend up to 270 days in the U.S. without being subject to U.S. taxes on non-U.S. income. Trump announced a $5 million gold card in February to replace an existing investor visa -- this is now the platinum card.

Lutnick said the gold and platinum cards would replace employment-based visas that offer paths to citizenship, including for professors, scientists, artists and athletes.

Critics of H-1Bs visas who say they are used to replace American workers applauded the move. U.S. Tech Workers, an advocacy group, called it "the next best thing" to abolishing the visas altogether.

Doug Rand, a senior official at U.S. Citizenship and Immigration Services during the Biden administration, said the proposed fee increase was "ludicrously lawless."

"This isn't real policy -- it's fan service for immigration restrictionists," Rand said. "Trump gets his headlines, and inflicts a jolt of panic, and doesn't care whether this survives first contact with the courts."

Lutnick said the H-1B fees and gold card could be introduced by the president but the platinum card needs congressional approval.

Visas doled out by lottery

Historically, H-1B visas have been doled out through lottery. This year, Amazon was by far the top recipient of H-1B visas with more than 10,000 awarded, followed by Tata Consultancy, Microsoft, Apple and Google. Geographically, California has the highest number of H-1B workers.

Critics say H-1B spots often go to entry-level jobs, rather than senior positions with unique skill requirements. And while the program isn't supposed to undercut U.S. wages or displace U.S. workers, critics say companies can pay less by classifying jobs at the lowest skill levels, even if the specific workers hired have more experience.

As a result, many U.S. companies find it cheaper to contract out help desks, programming and other basic tasks to consulting companies such as Wipro, Infosys, HCL Technologies and Tata in India and IBM and Cognizant in the U.S. These consulting companies hire foreign workers, often from India, and contract them out to U.S. employers looking to save money.

Ron Hira, a professor in the political science department at Howard University and a longtime critic of H-1B visas, said the plan was a move in the right direction.

"It's a recognition that the program is abused,'' he said.

Raising the visa fee, he said, was an unusual way to address the H-1B program's shortcomings. Normally, he said, reformers seek ways to raise the pay of the foreign workers, eliminating the incentive to use them to replace higher-paid Americans. He noted approvingly that Trump's proclamation calls for the U.S. Labor Department to "initiate a rulemaking to revise the prevailing wage levels'' under the visa program.

Critics of H-1B visas have also called on the lottery to be replaced by an auction in which companies vie for the right to bring in foreign workers.

The first lady received an H-1B visa in the '90s

First lady Melania Trump, the former Melania Knauss, was granted an H-1B work visa in October 1996 to work as a model. She was born in Slovenia.

In 2024, lottery bids for the visas plunged nearly 40%, which authorities said was due to success against people who were "gaming the system" by submitting multiple, sometimes dubious, applications to unfairly increase chances of being selected.

Major technology companies that use H-1B visas sought changes after massive increases in bids left their employees and prospective hires with slimmer chances of winning the random lottery. Facing what it acknowledged was likely fraud and abuse, USCIS this year said each employee had only one shot at the lottery, whether the person had one job offer or 50.

Critics welcomed the change but said more needs to be done. The AFL-CIO wrote last year that while changes to the lottery "included some steps in the right direction," it fell short of needed reforms. The labor group wants visas awarded to companies that pay the highest wages instead of by random lottery, a change that Trump sought during his first term in the White House.

___

Ortutay reported from Oakland, Calif. Associated Press writers Adriana Gomez Licon in Ft. Lauderdale, Fla., Elliot Spagat in San Diego and Paul Wiseman in Washington contributed to this report.

Continue Reading...

Popular

AI's $1.2 Trillion Growth Will Rest On Data Centers And Power, Not Financing Schemes

Bank of America Securities analyst reassures that fears about vendor financing in the semiconductor industry are exaggerated.

Stock Of The Day: Is SoFi Forming A New Range?

SoFi Technologies appears to be forming a new range. Some traders will buy at the bottom and try to sell at the top.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Dave Ramsey Doesn't Mess Around With Bitcoin Or Gold, Says 'I Have Three Investments' — Here's What They Are

Personal finance expert Dave Ramsey has long dismissed crypto, gold and single-stock investing, calling them risky distractions — but new research shows that his disciplined mutual fund approach may have cost him market-beating returns.

Critical Metals (CRML) Stock Pulls Back After White House Denies Investment

Shares of Critical Metals Corp (NASDAQ: CRML) are off their session highs Monday after a Bloomberg report, citing a White House official, stated the Trump administration is not currently considering a deal to take an equity stake in the company. Here's what investors need to know.

Margins Built for Scale - Ad

90%+ gross margins. Subscription potential. Facility ready to produce.

Ray Dalio Predicts 'Very, Very Dark Times,' Trump's Tariffs Bring In $350 Billion And Gold Nears $3,800: This Week In Economy

The past week was filled with significant economic events and market movements. From a billionaire investor’s ominous warning to a controversial tariff’s financial impact, here’s a quick recap of the week’s top stories.

Why Are Wall Street Insiders Moving Their Money to This One Asset? - Ad

Something far more consequential for your money than tariffs is unfolding behind the scenes... Tucked inside this overlooked directive is a plan set to be executed for the first time in in U.S. history. One Stansberry Research's Senior Partner says it's set to trigger a rare window for potentially explosive gains in ONE asset immediately. (Not AI or crypto). Wall Street insiders are already positioning themselves... and he insists you should, too, before it's too late.

3 Gold Mining Stocks Shine As Prices Hit Records

Gold mining stocks Anglogold Ashanti, Coeur Mining, and New Gold join the top 10% for quality as gold prices hit fresh highs.

My Top Biotech Stock Picks And Portfolio Strategy For The Next 3-10 Years

Forecasts in biotech market indicate that by 2030, gene therapy will become more accessible, potentially generating hundreds of billions dollars in revenue.

History's Playbook Repeats - Ad

Novo, Lilly, Rhythm... each started small. This Canadian peer could follow with needleless peptide delivery.

Federal judge tosses Trump's $15B defamation lawsuit against New York Times

TAMPA, Fla. (AP) — A federal judge in Florida on Friday tossed President Donald Trump’s against New York Times.

Charlie Kirk Raised $85 Million Last Year — Widow Vows to Continue His Work

The assassination of Turning Point USA founder Charlie Kirk at a Utah Valley University event on September 10 has cast a shadow of uncertainty over the future of his political and business ventures.

Triple-Digit Growth in Energy Storage - Ad

The storage industry is growing fast, and one company is leading the charge with triple-digit revenue growth. With a market cap of only $177 million, the upside could be enormous.

Jerome Powell and Economists Agree: Gen Z Faces a Hiring Crisis And That's Not About AI

In 2025, the rising unemployment rate among Americans under 25, specifically recent graduates, has become a significant economic concern.

The "Mar-A-Lago Accord" Is Now Underway - Ad

The global order is in chaos. And according to 40-year market veteran Dr. David Eifrig, the biggest controlled demolition of the old monetary order in history could now be here, too. That means if you don't take action today, your wealth could decline by 40%... (Yes, even your cash savings.)

Apple's iPhone 17 Series Takes Off, Meta's New Smart Glasses And Major Partnerships In AI Space: This Week In AI

This weekend's tech roundup featured Apple's strong iPhone 17 launch in China and India, Meta's new smart glasses, major AI partnerships like Intel-Nvidia and PayPal-Google, and Jim Cramer questioning Huawei's chip breakthrough.

Cathie Wood Loads Up On Bullish Inc, Pony AI And Robinhood — Dumps Kratos Defense Amid Taiwan Drone Buzz

On Sept 17, 2025, Cathie Wood-led Ark Invest executed significant trades involving Bullish, Kratos Defense, Pony AI, and Robinhood. These reflect Ark's focus on emerging tech and defense sectors.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Opendoor Stock Rallies On Expansion And Short Squeeze Hopes

Opendoor stock rallied on Wednesday after it announced an expansion of U.S. operations, but it didn't specify which operations.

Trump Makes Chinese Stocks Great Again — Until Someone Mentions Tariffs

President Donald Trump's recent optimistic remarks on negotiations with China have given a boost to U.S.-listed Chinese stocks. 

October 16: D-Day For The Dollar - Ad

A quiet shift in U.S. law has just authorized private companies to mint a new form of government-authorized money called the "Dollar 2.0"... and the next major mint hits on October 16. Investors who make the right moves before then could make up to 40X by 2032...

Asian shares retreat after Intel helped drive Wall Street to more records

MANILA, Philippines (AP) — Asian shares mostly retreated Friday after a rally of technology stocks led by Nvidia and Intel

Timing the Next Health Trend - Ad

Every wave begins small. This one is forming now with first-mover advantage in peptide delivery.

US To Set $5 Billion Critical Minerals Fund

US to launch $5 billion fund for critical minerals, in partnership with Orion Resource Partners and other investors. Aimed at reducing reliance on Chinese supply chains and securing long-term resources.

Meta Connect Preview: How To Watch Mark Zuckerberg Speech, What's Next For AI, Smart Glasses & Metaverse

Meta has advanced from just a social media company. More of the company's progress in wearables and AI is likely to be revealed at Meta Connect.

Celebrity Demand Meets Mass Adoption - Ad

Some stars already use them. Now the door is opening for everyone else.

Elizabeth Warren Says Measles Can Hit Record Highs, Slams RFK Jr.'s CDC Panel For Delaying Vaccine: 'How Does That Keep Our Kids Safe?'

Sen. Elizabeth Warren (D-Mass.) on Thursday criticized the Centers for Disease Control and Prevention's vaccine advisory panel following its controversial vote to delay the combined measles, mumps, rubella, and varicella or MMRV vaccine for children under 4 years old.

Small Caps Rally, Intel Rockets On Best Day Ever: What's Moving Markets Thursday?

The Russell 2000, which tracks small caps, rallied on Thursday, outpacing large-cap benchmarks as investors piled into interest-rate-sensitive stocks a day after the Federal Reserve cut rates by 25 basis points and signaled more easing ahead

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

AT&T attributes mass 911 outages in 3 states to fiber cuts made by 'third parties'

JACKSON, Miss. (AP) — Mass that swept across parts of Mississippi, Louisiana and Alabama on Thursday afternoon were caused by fiber cuts made by “third parties," according to a statement from AT&T.

Gabon awaits results in its first legislative and local elections after the 2023 military coup

LIBREVILLE, Gabon (AP) — The oil-rich central on Saturday voted in the country's first legislative and local elections since a ended a 50-year-old political dynasty.

Margins Built for Scale - Ad

90%+ gross margins. Subscription potential. Facility ready to produce.

Crypto Is The Money For AI, Says Economist As Coinbase CEO Teases Stablecoin-Powered Transactions Between Agents

Renowned economist Alex Tabbarok described cryptocurrencies as the “money” for artificial intelligence on Tuesday after Coinbase Global Inc. (NASDAQ:COIN) CEO teased a new feature that enables AI agents to transact using stablecoins.

Kimmel's suspension is the latest display of Trump's growing power over the US media landscape

WASHINGTON (AP) — has used threats, lawsuits and government pressure as he remakes the American media landscape, unleashing his long-standing grievances against an industry that has mocked, criticized and scorned him for years.

Why Are Wall Street Insiders Moving Their Money to This One Asset? - Ad

Something far more consequential for your money than tariffs is unfolding behind the scenes... Tucked inside this overlooked directive is a plan set to be executed for the first time in in U.S. history. One Stansberry Research's Senior Partner says it's set to trigger a rare window for potentially explosive gains in ONE asset immediately. (Not AI or crypto). Wall Street insiders are already positioning themselves... and he insists you should, too, before it's too late.

Trump's New Tariff Barrage Targets Drugs, Trucks, Cabinets: President Says Move Will Protect Manufacturers From 'Unfair Outside Competition'

President Donald Trump announced a barrage of new tariffs on Thursday, aimed at pharmaceuticals, heavy trucks and home furnishings in particular, to shore up domestic industry in these sectors, and protect American manufacturers from “unfair outside competition.”

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service