100% this. I’ve seen it plenty of times IRL, and publicly announcing this might as well be an announcement that American companies now MUST start not only paying bribes, but perceived “back pay” of bribes.
This will absolutely chase American companies out of places where they already had high business costs. There is absolutely zero political will in those places to forgo bribes in there interest of jobs, as the American companies will leave and get blamed for being poor at doing business.
100% this. I’ve seen it plenty of times IRL, and publicly announcing this might as well be an announcement that American companies now MUST start not only paying bribes, but perceived “back pay” of bribes.
This will absolutely chase American companies out of places where they already had high business costs. There is absolutely zero political will in those places to forgo bribes in there interest of jobs, as the American companies will leave and get blamed for being poor at doing business.