Trump's diktat to Google, Microsoft, and other tech giants, asks them to stop Indian…, rules about H-1B visa might…
Donald Trump said that we want companies like Google, Microsoft to give priority to American workers as this is in the interest of the country. Trump criticized the globalist mind set of tech companies and said that Americans should get jobs first. According to Trump, companies are killing the rights of American talent by investing money on factories and employees abroad.
Trump made these comments at the AI Summit held in Washington DC on 23 July. How will it affect India's tech sector?
India's IT sector may be affected by this statement as Google, Microsoft and other tech companies have millions of employees in India. These companies run large offices in cities like Bengaluru, Hyderabad, and Pune.
Apart from this, according to US Citizenship and Immigration Services, in 2023, 72% of H-1B visas were given to Indians, mostly in areas like data science, Artificial Intelligence, and cyber security.
Trump's policy may make H-1B visa rules more stringent, making it difficult for Indian tech professionals to get jobs in the US. Also, due to less new recruitment in India, pressure on IT companies and startups will increase. When Trump threatened Apple CEO Tim Cook
Earlier in May, Trump had threatened Apple about making iPhones in India as he said that iPhones sold in the USA should be manufactured in the US, not in India or any other country.
Trump said that he has previously directly told Apple CEO Tim Cook that if Apple does not make iPhones in the US, a tariff of at least 25% will be imposed on the company. After this threat from Trump, Apple's stock fell 4% to $193.
However, despite Trump's threat to Apple, 78% of iPhones sold in the USA are being made in India.
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