Trump & Indian IT Outsourcing Risk đźđłđșđž
âPresident Trump is reportedly considering a major policy shift: blocking US tech companies from outsourcing jobs to India.
âThis isn't just politics; itâs a direct threat to India's $250 billion IT services industry (TCS, Infosys, Wipro, etc.), which relies heavily on US contracts.
âđ The Financial Impact:
âRisk to Indian IT Stocks: Any concrete move (like an outright ban or a proposed 25% outsourcing tax via the HIRE Act) could severely impact margins and future revenue guidance. Watch the sector closely!
âWider Economic Jitters: This escalates trade tensions and forces US companies to rethink their entire global cost structure.
âThe 'America First' Effect: The push to 'Make Call Centres American Again' signals a clear protectionist policy that could lead to widespread job loss in India and higher operating costs for US businesses.
âWhat to Watch: Keep an eye on new legislative proposals, trade rhetoric, and how major Indian IT stocks react to political news from Washington.#SquareMentionsHeatwave #TrumpTariffs #MarketPullback #BinanceHODLerWAL #PrivacyNarrativeRising