• MEDIA: Decoding Trump card: The good, bad & ugly for Indian market

    From John D Groenveld@21:1/5 to All on Fri Nov 15 11:53:20 2024
    Times of India's anonymous hack on whether Donald Trump will trade
    more access to the American labor market for Narendra Modi's excess
    human capital for American company's access to .IN markets: <URL:https://economictimes.indiatimes.com/markets/stocks/news/trump-card-for-d-st-the-good-bad-ugly-for-indian-stock-market/printarticle/114998567.cms>
    | During Trump's first term, attempts to curb the H-1B visa program
    | led to higher rejection rates, increased processing fees, and wage
    | inflation for H-1B workers, affecting Indian IT services due to
    | their reliance on these visas. However, JM Financial notes that this
    | time could be different.
    |
    | With Indian IT firms increasing local hiring and a larger share of
    | US-based employees now being locals or green card holders, they are
    | better insulated from potential anti-immigration policies, reducing
    | the impact on service delivery and margins.
    |
    | "A Trump win could disrupt employee flows and cause minor dents in
    | IT firms' revenues. This symbolic shift would be concerning for
    | India's large workforce seeking overseas opportunities. However, if
    | Harris wins, the impact would likely be minimal, continuing Biden's
    | current policies," said Shlok Srivastav, Cofounder & COO,
    | Appreciate.

    Will Trump nominate Robert Lighthizer to be his negotiator at USTR.GOV
    and how much does Amy Swonger guestimate it will cost Trump to convince
    John Cornyn (or John Thune (or Rick Scott)) to consent?
    John
    groenveld@acm.org
    --
    "You don't have to be in DC to protest. Refugee dumps, illegal alien
    rapes & murders, American IT work layoffs & foreign jihad attacks
    are all happening in your own backyards. Keep making excuses.
    Nothing will change. https://t.co/5NfsWdw5vR" - Michelle Malkin <URL:https://twitter.com/michellemalkin/status/1217844823434002433>

    --- SoupGate-Win32 v1.05
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