On this episode of Trumponomics, host Stephanie Flanders explores US President Donald Trump&rsquo;s decision to impose a <a href="bbg://news/stories/T2YSUCGP4934" data-web-url="https://www.bloomberg.com/news/articles/2025-09-22/h-1b-visas-why-trump-is-charging-a-100-000-fee-for-them" data-cke-saved-href="bbg://news/stories/T2YSUCGP4934">$100,000 fee</a> on new H-1B visa applications,&nbsp;which industries will lose the most from this new&nbsp;expense for foreign workers&nbsp;and a potential long-term silver lining for India, the source of most of them.&nbsp;Bloomberg Economics analyst Michael Deng explains the cost pressures facing smaller US firms, while New Delhi&ndash;based analyst Chetna Kumar outlines the challenges for Indian IT giants, and why the policy might also push India to expand its domestic R&D and service hubs.See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

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Who Loses—and Maybe Wins—From Trump’s New H-1B Fee

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