India, Oct. 25 -- Many of America's leading companies have stopped sponsoring H-1B visas for specific positions. The move follows the administration of President Donald Trump's announcement that sponsors would have to shell out a $100,000 fee for new applications.

The administration's announcement of the H-1B visa reform aims to keep recruiting the top talent while simultaneously making sure the system isn't being misused to import cheap labor and lower salaries for American workers.

However, some have opposed the measure and filed legal challenges, questioning the POTUS' right to implement the tax and voicing reservations that it could undermine America's technological innovation prowess.

The Chamber of Commerce, a business-oriented l...