India, Sept. 20 -- President Donald Trump on Friday signed an executive order hiking the fees for H-1B visas.

"The H-1B nonimmigrant visa program was created to bring temporary workers into the United States to perform additive, high-skilled functions, but it has been deliberately exploited to replace, rather than supplement, American workers with lower-paid, lower-skilled labor," the statement from the President said.

"Information technology (IT) firms in particular have prominently manipulated the H-1B system, significantly harming American workers in computer-related fields," he further observed.

With that, Trump declared that H-1B visa petitions would have to be accompanied by a payment of $100,000. Here are the key takeaways from ...