I’m a Canadian working for an American company and I’m wondering how affected I’m going to be if (when) Trump goes all in on his tarrifs. My company does have a Canadian office and I believe is incorporated here as well as the USA (I’m a software dev, not a business major so idk how it works fully). Would I feel any of the effects of tarrifs, minus the cost of everything skyrocketing?

For reference, I’m remote and the office we have is on the other side of the country in Vancouver. Not sure that really adds anything to the question but felt compelled to add it

  • actionjbone@sh.itjust.works
    6·
    7 days ago

    That actually depends on whether it is, technically, the same company. Often, an American company will have a subsidiary, a partner company, or joint venture co-owned by a local company. Especially in the insurance industry, there’s a lot of financial regulation that requires how a company operates.

    Edit to add: If you’re at Allstate Canada, I believe it’s technically a different company than the U.S. one, due to how each country’s insurance rules work. I’m not sure if one owns the other, or if the Canadian one is an independent licensee of the brand.