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Friday, 17 November 2017

Hiring Abroad Doesn't Come at the Expense of U.S. Workers

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©iStock/shironosov
U.S. President Trump assumes that when U.S. multinationals expand abroad, it necessarily reduces the number of people they employ in the U.S.  But this assumption is wrong, and tariffs would hurt American workers, not help them.
Academic research has repeatedly found that when U.S. multinationals hire more people at their overseas affiliates, it does not come at the expense of American jobs.  How can this be?
Read more:  The 'Exporting of Jobs' Canard (might require registration)

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