USA used to be the frontrunner in defining the rule game of
free trade and now doing just the reverse. The honorable President of United States Mr. Donald Trump is still in
election campaign mode and get demonstrated it during media meet when Canadian
prime minister was visiting him. He came out with presidential directives and some of
legislation change recommendation which will hurt Indian IT and other
companies.
Donald Trump threat to automobile sector is nothing but an
initiative to loose billions of taxes in federal taxes. He wants to raise the
import duty on imported vehicle but don't understand that ultimately his own
supporters will be forced to pay more.
Reports are already in the media that IT companies are
facing issues to find the correct and educated local professional in order to
remove the impasse over H1B visa.
The slight disruption in US IT sector is going to unstable
the whole economy in no time. Being rich since his childhood, he failed to
realize the pain of the common people.In my point of view in case Donald Trump impose duty and other
levy then only God can save US economy.
Disclaimer : Article writer personal opinion.
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