The Trump administration is planning to add a $100,000 to the fee for H-1B visa applications, taking aim at a program that is used to attract highly skilled workers to the U.S.
The additional fee, which was confirmed to CBS News by a White House official, would impact employers including tech giants such as Amazon, IBM, Microsoft and Google, which have relied on the program to hire foreign workers.
President Trump could sign a proclamation adding the new fee as soon as Friday, and which would restrict H-1B workers from entering the U.S. unless accompanied by the $100,000 payment, according to Bloomberg News, which earlier reported the plan.
— This is breaking news and will be updated.
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.
