Trump announces skilled worker visas will now cost $100,000

The article discusses the Trump administration's plan to add a $100,000-a-year fee on all H-1B visas, which are used by many industries, especially the tech sector, to attract highly skilled foreign workers. The fee is likely to face legal challenges but has already prompted some companies, such as Microsoft and Amazon, to advise their employees working on visas to return to the US before the new fees take effect. The administration has also unveiled a "gold card" program that would replace the existing EB-1 and EB-2 visa programs, requiring applicants to pay $1 million or more to fast-track their applications. This new program favors wealth over actual skills, and the revenue it generates is expected to be insignificant compared to the national debt. Overall, the article presents the administration's efforts to discourage the use of skilled worker visas and attract primarily high-wealth immigrants.