Economist Explains Why He Thinks Trump Is 'Technophobic' And What That Means For Innovation

Forbes Breaking News Published October 6, 2025

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Last month, President Donald Trump announced a monumental change to the H-1B visa program – the imposition of a $100,000 application fee. Clifford Winston, economist and author of the upcoming book, "Market Corrections Not Government Interventions" joined "Forbes Newsroom" to react to the six-figure fee. Read Winston's article here: https://www.realclearmarkets.com/articles/2025/09/29/the_trump_administrations_damaging_war_on_innovation_1137194.html Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com