The H-1B visa program — a key pipeline for skilled foreign workers in tech — has recently been upended by President Donald Trump. A recent executive order now mandates that companies to pay $100,000 per application, a move the White House says will protect American jobs.

But critics warn it could shrink the talent pool, raise costs and push innovation overseas. So what’s really changed, who benefits the most and how might this impact the economy? EPI’s own Daniel Costa, director of immigration law and policy research, joined The Excerpt to unpack the issues.