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Dimon Says Trump’s New H-1B Visa Fee ‘Caught Everyone Off Guard’
MINT·2025-09-23 23:47

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said President Donald Trump’s new 100,000feeonH−1Bvisasleftcompaniesincludinghisstrugglingtoquicklydeterminethepotentialimpact.“Thatcaughteveryoneoffguard,”DimonsaidinaCNBC−TV18interview.“Andsowehadalotofphonecallsovertheweekend.Whatdoesitmean?”Latelastweek,Trumpsignedaproclamationslappinga100,000 fee on H-1B visas left companies including his struggling to quickly determine the potential impact. “That caught everyone off guard,” Dimon said in a CNBC-TV18 interview. “And so we had a lot of phone calls over the weekend. What does it mean?” Late last week, Trump signed a proclamation slapping a 100,000 fee on new H-1B petitions as a condition of entry to the US, sparking confusion and panic among bot ...