Comment by remoquete
7 days ago
I'm wondering how this protectionist trend will impact overseas hires. Will US companies continue to hire talent remotely outside of their borders? Will they be incentivized to only hire in the US?
7 days ago
I'm wondering how this protectionist trend will impact overseas hires. Will US companies continue to hire talent remotely outside of their borders? Will they be incentivized to only hire in the US?
More businesses will be incentivised to locate in the US, to avoid tariffs, but they'll still be incentivised to hire from outside the US due to cheaper labour (there's no tariff on wages).
> there's no tariff on wages
It is _really_ difficult to pay wages to internationals (As most people involved in remote work know).
Usually you need to setup a subsidiary in the country you want to hire in - or convince the "employee" to be a contractor.
In the end this is not "wages" that move over borders - but services. And these can indeed be tarrifed.