Spotlight on IT companies as Trump imposes $100,000 fee for H1B visas

US President Donald Trump on Friday (local time) issued a new presidential proclamation titled “Restriction on Entry of Certain Nonimmigrant Workers” that introduces a major overhaul to the H-1B visa programme, imposing a steep $100,000 annual fee on H-1B visa applications, raising fresh questions about whether this is a much-needed correction or a potentially crippling blow to America’s tech talent pipeline.

Set to take effect on September 21, the proclamation represents one of the Trump administration’s most aggressive efforts yet to overhaul the…