Trump’s visa extortion scheme sparks a global race to grab top talent

Source: CNBC

“U.S. President Donald Trump’s surprise move to raise the H-1B visa application fee to $100,000 has left companies — and major economies — scrambling to make sense of the potential implications. For some global talent hubs, particularly those in Europe, the Middle East and Asia, however, experts say it could offer a valuable opportunity. … One option being considered by British Prime Minister Keir Starmer is a proposal to drop visa charges for top-level professionals, the Financial Times reported on Monday, citing people familiar with the matter.” (09/22/25)

https://www.cnbc.com/2025/09/22/h-1b-visa-what-trumps-100000-fee-means-for-top-global-talent-hubs.html