“Don’t want to pay $100,000? Simple—just hire Americans!” That was the message from President Trump, who recently announced a stunning hike in the H-1B visa fee—from just a few thousand dollars to a jaw-dropping $100,000. The move is billed as a way to boost jobs for U.S. workers. The likely outcome? Quite the opposite. Instead of hiring more Americans, companies may simply stop recruiting global talent—and worse still, may even pack up high-value jobs and ship them overseas.

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