US election and IT outsourcing
04.11.2020

SafeValue must use [property]=binding: The E- day has come and the last yellow leaf, whirling, fell starting the most controversial election in all US history. Until the previous days, Joe Biden kept silent about his economic proposals for the US economy in COVID-19 reality. But President Trump keeping his promises, has shifted the playing field toward protectionism.
Indeed, how the crude, ill-conceived concept presented in June can be considered a wise economic policy? The old hackneyed trick includes tax penalty aimed at companies that transfer jobs outshore, alongside a tax credit for businesses that keeps them home is a copy of Trump's policy to return production to the homeland.
Trump's approach aimed at increasing the self-activity of individual companies is based on general tax regulation. But the Biden's technological policy is based on the slow and critical actions against IT enterprises. You have to be prepared for the four more years of Trump's energetic policy or the Biden's sleepy hollow.
What does it mean for the offshore software development industry? Trump is not interested in collapsing offshore software development companies.Truly understanding IT's all-importance for the American economy and fighting against Chinese domination, Trump has put tariffs on imports from rivals, blocking China from accessing American technology. It opens up brilliant prospects for European offshore development companies. Trump's immigrant policy "talents welcome" may slightly cloud a bright future, but given the alternative, this choice is much better.
A Biden administration is likely to continue to impose tariffs.There are no reasons to wait for them in a more strategic and disciplined way.Considering warm and friendly relations between the Biden family and China, it should be expected to regain and consolidate Chinese positions in the American IT sector, and the European offshore companies will have to tighten their belts.s
Anyway, no matter who will be the next President of the USA, the protectionism policy will not be changed.The only and vital difference between energetic Trump and sleepy Biden policies in IT is open perspectives with some circumstances if Trump wins and Chinese victory if he loses.
In conclusion, we hope that they will not lead to significant civil clashes regardless of the election results. (see http://g.co/ng/security#xss)