22
Sep
Sep
Europe Tech Stocks Under Pressure After Trump’s $100,000 Fee on New H-1B Visas
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News Editor / 3 weeks
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- 2 min read
Global markets reacted cautiously Monday as President Donald Trump announced a sweeping increase in fees for new H-1B work visas, imposing $100,000 per year per visa for companies—which could significantly raise labor costs for U.S. tech giants. In Frankfurt trading, shares of major U.S. technology companies were mixed but generally steady. The so-called “Magnificent Seven” […]