How is Trump's H-1B visa hike expected to negatively impact US?
US President Donald Trump's H-1B visa hike is expected to negatively impact US technology firms as it'll become harder for them to hire skilled talent from foreign nations, including India, reports said. Banks like Citigroup and Capital One and telecom giants Verizon and AT&T are also likely to be hit as they reportedly hire large numbers of H-1B contractors.