President-elect Donald Trump is showing a willingness to wage an economic battle with firms that move jobs offshore. He’s threatening tariffs and promising H-1B visa reform, but may be offering carrots as well, namely tax incentives.
These actions may be raising hopes among some IT employees who have lost jobs, or are losing them, that the incoming Trump administration is serious about keeping IT jobs in the U.S. But Trump’s proposals — particularly the tariff — are also raising much uncertainty.
Trump, in a series of tweets this weekend, reaffirmed plans to impose a 35% import tariff on “cars, A.C. units etc,” on goods made by offshore U.S. firms but sold in the U.S.