Why Tim Cook et al are against Trump’s travel ban? It’s bad for business

 

LATEST NEWS – Donald Trump’s executive order to restrict immigration from seven countries has sparked widespread criticism from several quarters, including the business world. Not only does it conflict fundamentally with long-standing American values, it also seriously undermines the country’s economic dynamism and its ability to harness the talent and enthusiasm of immigrant workers.

There are many reasons why people from all over the world choose to build their careers in the US. As well as the ample opportunities for work at a host of great companies, a big reason why people are drawn to the US is its commitment to diversity, tolerance and equal rights. Applying an en masse travel ban against lawful US residents and visa holders seriously destabilises this image. As a result, it weakens an important source of competitive advantage.

It’s hardly surprising then that several business leaders profoundly disagree with Trump’s decision, including Apple’s Tim Cook and Ford CEO Mark Fields. Most US businesses would not be as competitive without immigration and in fact immigrant entrepreneurs have made significant contributions to the American economy. READ MORE

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