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Software services industry, already facing pressures on profitability and revenue, has become the latest target of the Trump administration’s moves to protect American jobs.
The prevailing protectionist sentiment will lead to a sharp rise in on-shoring and near-shoring arrangements, said Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research. “However, it is critical to remember that these cannot be built overnight.”
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