WTO Decision Could Mean Lost Jobs, Professor SaysContact: Snipe, Michele
NEW YORK - Job losses at companies that do heavy exporting could result from a World Trade Organization ruling that the United States must get rid of export subsidies on some overseas sales, according to a Fordham University professor who specializes in international taxation.
"It could mean that if you work for a company in the United States and export products, you may be told you're fired because the product has been killed," said Walter O'Connor, who chairs the accounting department at the Graduate School of Business Administration. "It's a fairly significant issue."
O'Connor is the editor-in-chief of The International Tax Journal and teaches tax law.
Founded in 1841, Fordham is New York City's Jesuit university. It has residential campuses in the north Bronx and Manhattan, as well as academic centers in Tarrytown and Armonk, N.Y.