US Election Result / Will Indian engineers lose their jobs after Trump's victory?

US Election Result: Donald Trump's victory in the US presidential election has filled his supporters with a new enthusiasm. Havan-Puja was organized in his support at many places in India, and now his dream of becoming the President seems to be coming true. But what will be the global impact of this victory of Trump, and especially what will be its effect on India? Let's find out.

Trump's immigration policy and H-1B visa

Donald Trump hinted at a tough stance on immigration policy during his election campaign. He has clearly said that the H-1B visa program will be limited. This can have a direct impact on Indian IT professionals and companies, because they depend on this visa. If the visa process is strict, then the visa fees and processing time may increase. Due to this, salaries in American jobs may also increase, due to which Indian employees will have to face challenges.

This is important for Indians working on H-1B visa, as this visa not only gives them an opportunity to work in America, but also opens the way to obtain permanent citizenship (Green Card). However, due to the long waiting list for Green Card, Indians have to wait for years in this process.

Effect of 'Buy American, Hire American' policy

Donald Trump implemented the "Buy American, Hire American" policy in his previous term. The purpose of this policy was to give priority to American jobs, which made the rules for H-1B visa strict. This time too, Trump emphasized on this policy in his campaign. This can increase pressure on Indian IT companies and employees. According to reports, this move of Trump in the last term led to a decline in the visa approval rate of Indians.

Possible reduction in corporate tax: relief or challenge?

A suggestion of reduction in corporate tax has also come up in Trump's second term. He has indicated that this rate can be reduced from 21 percent to 15 percent. If this happens, the cost of US companies can be reduced, and it can potentially be helpful in employing outsiders. This can give relief to Indian IT companies in the US market.

Importance of H-1B visa for India

The H-1B visa is highly important for India, as 72 percent of the total H-1B visas issued in 2022 were given to Indians. This visa gives Indian professionals the opportunity to work in the US, and they also get the facility to live with their families. With this visa, Indians move forward in their careers, and sometimes it also gives a chance for permanent residence in the form of a green card.

Possible impact on US-India relations

Donald Trump's re-election as President may see some changes in the relations between America and India. However, Indian Prime Minister Narendra Modi has congratulated Trump and expressed his desire to strengthen the comprehensive strategic partnership between the two countries. US-India relations may get a new turn during Trump's tenure, which is important for the economic and strategic interests of both countries.

Conclusion

With the victory of Donald Trump, changes are expected in global politics. Trump's strict immigration policy may pose challenges for Indian IT professionals, while a possible reduction in corporate tax may also bring relief to them. In such a situation, India will have to prepare its strategy keeping in mind the impact of Trump's policies so that it can protect its interests even in this period.