3 reasons Silicon Valley should be nervous about Trump right now
- 8 years ago
3 reasons Silicon Valley should be nervous about Trump right now 1.
He attacked tech companies during his campaign: Trump promised to (somehow) force Apple to move manufacturing to the U.S., a major disadvantage as the company depends on trained, skilled workers in China.
It would result in a huge price increase for consumers, too.
He also attacked Jeff Bezos and accused him of using his ownership of The Washington Post to build Amazon's advantage with the next president.
2.
He wants to re-negotiate trade agreements: Part of Trump’s promise to make America great again is restoring manufacturing jobs in the US.
A study from the Peterson Institute in September found Trump’s trade plan could plunge the U.S. into recession and cost five million American jobs.
3.
Immigration is of concern: Trump could go either way on the H-1B visa, which tech companies like Facebook rely on to recruit talented foreign workers.
He attacked tech companies during his campaign: Trump promised to (somehow) force Apple to move manufacturing to the U.S., a major disadvantage as the company depends on trained, skilled workers in China.
It would result in a huge price increase for consumers, too.
He also attacked Jeff Bezos and accused him of using his ownership of The Washington Post to build Amazon's advantage with the next president.
2.
He wants to re-negotiate trade agreements: Part of Trump’s promise to make America great again is restoring manufacturing jobs in the US.
A study from the Peterson Institute in September found Trump’s trade plan could plunge the U.S. into recession and cost five million American jobs.
3.
Immigration is of concern: Trump could go either way on the H-1B visa, which tech companies like Facebook rely on to recruit talented foreign workers.