🇺🇸 TRUMP’S $100K H-1B FEE: A SELF-INFLICTED WOUND TO AMERICAN INNOVATION

Trump’s new proclamation slaps a $100,000 annual tax on H-1B visa petitions - turning a critical talent pipeline into a toll road only the richest firms can afford.

This is a whiplash moment for anyone who remembers Trump’s on-again, off-again flirtation with Silicon Valley.

@ElonMusk, Trump’s sounding board on Mars dreams and American manufacturing, has long argued that importing the world’s brightest engineers is essential if the U.S. wants to lead in AI, space tech, and clean energy.

They agreed that America should attract, not repel, global talent.

This move blows up that consensus. It hands rivals like Canada and India a recruitment bonanza and tells would-be innovators: “Bring your genius elsewhere.”

Smaller startups - where many breakthroughs are born - won’t be able to shell out 6 figures per hire.

The White House sells it as “protecting American jobs.” But protectionism isn’t a growth strategy - it’s a retreat.

The United States didn’t dominate the digital age by building walls; it did it by pulling the best minds inside and letting them build the future.

Trump’s new fee isn’t just a cash grab - it’s a bet against American ingenuity.

And in the race for talent, that’s how you lose...

Source: AP, The White House

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