On Wednesday, US President Donald Trump announced a new plan called the ‘gold card’ that will help Indian students studying in America. This plan allows American companies to hire these graduates easily. Right now, many top students from places like India, China, and Japan graduate from famous schools like Harvard and Yale but face uncertainty about getting jobs because their visas can be tricky.
To solve this problem, Trump said that companies can buy a ‘gold card’ for $5 million that will let them hire talented foreign students who studied in the US. This ensures those students can stay and work here. Trump believes these gold cards will be popular among companies looking for smart, hardworking people.
During a meeting, Trump mentioned that having a gold card will help companies recruit the best talent without worrying about immigration issues. He also said that the money from these cards could help pay off national debt.
Trump wants to encourage businesses to hire people and believes this plan will be a win-win: companies get the workers they need, and America can benefit from their talents.
He joked about the idea, saying, “I hope you liked it!” and talked about how the current immigration system hasn’t worked well for companies wanting to hire skilled workers from abroad.
Additionally, Trump mentioned that businesses operating inside the US will not have to pay any extra fees called tariffs, while those outside the country will. He thinks this will motivate companies to invest and create jobs, which will help reduce national debt
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