President Donald Trump’s trade groups coalition warned that a recently announced increase in fees for H-1B Visa Visa to $ 100,000 ( £88 Lakh) can negatively affect the US economy.
The groups urged administration to refrain from making changes to a qualified worker program that would rely on other financial and administrative burden on foreign talents.
In a letter to Donald Trump, a dozen industrial organizations representing chipmakers, software companies and retailers said the new fee threatened that the criminal talent of foreign qualified workers and leaving critical jobs.
The business group said: “We ask administration to work with the industry on the necessary reforms of the H-1B Visa program without increasing significant challenges by US employers facing recruitment, training and maintaining the best talents.”
The letter was sent to President Trump two weeks after his statement H-1B. He also acknowledged his efforts to attract investments in the US.
The signatories included the Alliance Alliance, Semiconductor Industry Group Semi, National Retail Federation, Entertainment Software Association and Information Technology Industry Council, according to a copy of Bloomberg News.
The objections of industrial groups meant rare reprimands from the business community of American policy in the new administration. Last month, Trump announced H-1B changes in the White House and announced a fee of $ 100,000 as a way of re-abuse in qualified workers, while forcing US companies to turn more to home talent to occupy jobs.
The new H-1B fees could significantly affect the industry from technology and health care to financing. Companies such as Microsoft, Amazon and Walmart have long relied on a qualified worker program to strengthen their workforce, and any changes in the program are at risk of disrupting their talents.
Top industries, such as artificial intelligence and biomedical engineering, will need a highly qualified workforce to maintain their growth rate in the US, groups. The H-1B changes the risk that progress in these key areas hurts, groups said. Intel Corp., Taiwan Semiconductor Manufacturing Co., Samsung Electronics Co., Applied Materials Inc. and Kla Corp. They have members on the Board of Directors.
“The new approach to H-1B visions, as it costs, will damage the goals of the administration to ensure that the US remains a leader in artificial intelligence, revives production growth and drives energy developed,” the groups wrote.
(Tagstotranslate) H-1b Visa
