Asian Stocks Inch Higher as Trump’s Visa Crackdown Sparks Market Jitter
Asian stocks posted modest gains but investor sentiment remained cautious as markets reacted to President Trump’s proposed crackdown on H-1B visas. The policy shift, which includes a steep new fee and tighter restrictions, fueled concerns over its impact on the technology sector and global labor mobility. Analysts say the uncertainty is weighing on market confidence, particularly in countries with strong outsourcing ties to the U.S., even as broader regional indexes showed slight upward movement.