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> Further attacks on global trade could make it more difficult for us to accept payments from outside the country, even when the buyer is willing. Is this beca
by vlovich123 2y ago
> Further attacks on global trade could make it more difficult for us to accept payments from outside the country, even when the buyer is willing.
Is this because of retaliatory tarrifs or is the US taxing services as part of the tarrifs? Would setting up a subsidiary help work around this?
- ModernMech 2y agoIt's probably a secondary effect of any tariffs. When people are uncertain about the future one of the first things they cut back on is entertainment subscriptions. LWN losing subs would be leading indicator of economic turmoil, so setting up subsidiaries is unlikely to help any.
- vlovich123 2y agoThat’s what the broader statement is about but this specific statement seems to be implying difficulty accepting payments.
- baobun 2y agoAlso sanctions and AML regulation, I would assume.