India - US Tariff and Relations | News + Updates

A1Kaid said:
It won’t kill things, it will result in economic boom, lower cost of living with more homes, less traffic, more economic opportunities.
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Cost of living has actually increased in Trump's rule.
 
kambhakt said:
Cost of living has actually increased in Trump's rule.
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That’s not what I said, read with context. Learn and read English correctly, understand ideas and nuances.
 
A1Kaid said:
That’s not what I said, read with context. Learn and read English correctly, understand ideas and nuances.
Click to expand...
Everything Trump has done has increased cost of living. And you are hoping that there will be economic boom. People have less to spend because of the current increased cost of living. He was going to decrease costs on day one. The opposite has happened. You cannot get an economic boom in a consumer economy if people's purchasing power decreases.

The republican party is funded by businesses. Not by the unemployed. If Trump tries to decrease outsourcing or visas, that is where the push back is going to come from. He could also risk corporate inversion.
 
kambhakt said:
Everything Trump has done has increased cost of living. And you are hoping that there will be economic boom. People have less to spend because of the current increased cost of living. He was going to decrease costs on day one. The opposite has happened. You cannot get an economic boom in a consumer economy if people's purchasing power decreases.

The republican party is funded by businesses. Not by the unemployed. If Trump tries to decrease outsourcing or visas, that is where the push back is going to come from. He could also risk corporate inversion.
Click to expand...

You still don’t understand what I was saying. Try again.
 
@Ali_Baba

Moving a job to IND is worse than hiring a H1B.

In the latter case, the employee pays taxes to GoUS and also spends in the American economy. In the latter case, everything is gone. Not that we would be complaining....

Regards
 
SoulSpokesman said:
@Ali_Baba

Moving a job to IND is worse than hiring a H1B.

In the latter case, the employee pays taxes to GoUS and also spends in the American economy. In the latter case, everything is gone. Not that we would be complaining....

Regards
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I disagree. Moving a role to India is globalisation. Replacing a local hire by firing them to hire a H1B is not globalisation ...
 
SoulSpokesman said:
@Ali_Baba

I got that. But why is it better to "globalise" jobs to IND

Regards
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Because the point of globalisation is to seek lower cost places of doing work where it is more efficient.

If the "role" still requires a physical presence in the USA to do, then it is not globalisation, but salary arbitrage and to me that is fundamentally wrong.
 
@Ali_Baba

That makes sense. But with advent of tech, wouldn't MNCs try to accelerate globalisation in case "salary arbitrage" is discouraged by fiat?

Regards
 
Donald Trump says US, India continuing trade negotiations, look forward to speak to PM Modi
www.cnbctv18.com

Donald Trump says US, India continuing trade negotiations, look forward to speak to PM Modi - CNBC TV18

Over the weekend, Trump had also told reporters that India and the US have a "very special" relationship and that he will always remain friends with Prime Minister Modi. The remarks were reciprocated by PM Modi, who also wrote on "X" that India and the US share a forward-looking comprehensive &...
www.cnbctv18.com www.cnbctv18.com
 
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